Crypto Lending Protocol Morpho Raises $175 Million to Aid Wall Street’s DeFi Push

    Morpho, a DeFi lending protocol, raised **$175M** in funding to bridge traditional finance (Wall Street) with decentralized finance (DeFi), signaling growing institutional interest in crypto lending.
    The announcement coincides with a **broad market downturn**, with major assets like BTC (-3.38%), ETH (-3.17%), and SOL (-4.28%) declining, though Morpho’s native token **MORPHO (+3.39%)** bucked the trend.
    The raise highlights Wall Street’s accelerating push into DeFi infrastructure, despite short-term bearish price action across most cryptocurrencies.