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Morpho raises $50m in funding

Decentralized crypto lending platform raised $50m in funding led by Ribbit Capital.

“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?”

Tags

crypto, defi, lending