Morpho Generates $18M Co-Led by Variant and a16z

Morpho Generates $18M Co-Led by Variant and a16z


CryptoNewsZ
2022-07-13 10:27:49

Morpho recently closed its fundraising round co-led by Variant and a16z after raising 18 million dollars. Over 80 more investors participated in the event, including power users, founders, advisors, and builders. The venture will use these funds to revolutionize decentralized lending. Morpho introduced a lending protocol that merges the existing liquidity pool mechanism operating in …