“Our ambition has always been: how do we break out of DeFi?” Frambot said in an interview with CoinDesk. “How do we make sure that eventually – maybe not in the short term – we're able to transform private financial infrastructures into public goods?”

https://www.coindesk.com/business/2024/08/01/crypto-lending-firm-morpho-bags-50m-in-funding-round-led-by-ribbit-capital/