morpaho

Morpho Raises $175 Million, Making It a Unicor. Morpho, a lending protocol, has raised $175 million at a valuation of up to $2 billion. The funds will be used to create an "open credit network for the world." #BinanceSquareFamily
The round was led by Paradigm, a16z crypto, and Ribbit Capital. Apollo Funds, Circle Ventures, VanEck, Wintermute Ventures, SBI Group, Bpifrance, and others also participated. The team stated that this is one of the largest investments in the DeFi space.
Following this round, Morpho can claim unicorn status, a term used to describe companies whose valuation has exceeded $1 billion.
The round was structured as a token purchase agreement. The price varied depending on the date of the investment.
Morpho offers infrastructure for creating blockchain-based lending markets. Users create their own pools with their own risk tolerance settings. #morpaho

🟢 $M buyers are slowly taking back control after the recent pullback 👀📈
Price is starting to stabilize again and momentum looks like it’s shifting back toward the bulls. Sellers pushed hard during the correction, but buyers are now defending the zone aggressively.
This setup still needs patience, but if momentum keeps building here, continuation toward higher targets looks very possible 🚀
🟢 LONG $M
Entry: Now
SL: 3.375
🎯 TP1: 3.58
🎯 TP2: 3.70
🎯 TP3: 3.80+
We’ll trail the stop gradually as the setup develops and lock profits along the way 🔥
Also keeping a close eye on $VVV and $RIVER right now 👀⚡
#cryptonews #vvvcoin #morpaho #rivercoin #tradinginfo