Morpho’s $175M DeFi Spherical Checks Onchain Credit score’s Future
Traders are more and more backing stablecoin and credit score infrastructure slightly than decentralized finance (DeFi) lending alone, with Morpho Labs’ newest funding spherical drawing consideration to onchain credit score markets, in keeping with Spark CEO Sam MacPherson. Morpho announced Tuesday that it raised $175 million in a spherical led by Paradigm, a16z crypto and…