Yes

>>Morpho secured $175 million in funding at a $2 billion valuation, a successful round fueled by major backing from Paradigm and A16z amid a surge of investment in the DeFi sector.

Morpho secured $175 million in funding at a $2 billion valuation, a successful round fueled by major backing from Paradigm and A16z amid a surge of investment in the DeFi sector.

crypthub

6/10/2026, 6:41:45 AM

Funding and Valuation

Morpho recently secured $175 million in a funding round. This round was led by prominent investors including Paradigm, A16z Crypto, and Ribbit Capital. As a result of this funding, the DeFi lending protocol is now valued at approximately $2 billion.

Market Expansion and Total Value Locked

The protocol is actively expanding its scope, moving beyond solely crypto-native markets. Its strategic goal is to enter the institutional finance sector. This expansion is supported by the fact that Morpho's Total Value Locked (TVL) has reached $6.6 billion.