Morpho, a decentralized lending protocol operating on Ethereum, HyperEVM, and 
other blockchains currently holding $6.6 billion in total value locked, has 
raised $175 million in a funding round led by Paradigm, Ribbit Capital, and 
Andreessen Horowitz&#8217;s digital assets arm a16z crypto — valuing the protocol at 
up to $2 billion and positioning it for an eventual public debut as its 
founders set their sights on bringing Wall Street&#8217;s most traditional 
institutions into DeFi, according to Fortune&#8217;s report published June 9. 
Related Reading: The XRP Dream Has Changed: Why A Rally To $10 Could Happen 
Despite Disappointment The round also drew participation from Apollo Funds, 
Circle&#8217;s venture unit, and VanEck — a coalition of backers that spans crypto- 
native venture capital, traditional asset management, and institutional 
finance simultaneously. The investment was structured in cryptocurrency and 
priced at the token&#8217;s average monthly price, with the exact cost varying by 
when participants contributed, per Fortune&#8217;s reporting of co-founder Paul 
Frambot&#8217;s account. ETH&#8217;s price trends to the downside on the daily chart. 
Source: ETHUSD on Tradingview The 25-Year-Old Taking On TradFi Frambot, who is 
25 years old and founded Morpho at 20 alongside three fellow French co- 
founders — Merlin Egalite, Julien Thomas, and Mathis Gontier Delaunay — framed 
the fundraise with characteristic directness in his conversation with Fortune. 
&#8220;I think TradFi is going to have to wear shorts,&#8221; he told the publication — a 
reference to the cultural gap between crypto&#8217;s hoodie-and-shorts developer 
community and the suit-wearing institutions he is now actively courting. His 
pitch to those institutions is grounded in yield. Morpho allows any user to 
create their own blockchain-based lending markets with customizable risk 
parameters — effectively enabling anyone to build their own version of Aave, 
the incumbent DeFi lender that currently holds nearly $12.5 billion in TVL, 
per Fortune&#8217;s citing of DeFiLlama data. Morpho&#8217;s $6.6 billion positions it as 
the clear second-largest player in the decentralized lending space, a gap that 
has narrowed considerably after Aave&#8217;s significant exposure to a $290 million 
hack of other crypto protocols in April 2026, per Fortune. Ethereum And Crypto 
DeFi: The Institutions Already Inside Morpho&#8217;s existing user base signals the 
institutional crossover is already underway. Coinbase, Kraken, Anchorage 
Digital, and Galaxy Digital all use Morpho&#8217;s infrastructure, per Fortune&#8217;s 
reporting. Guy Wuollet, general partner at a16z crypto, described the moment 
to Fortune as one where traditional finance professionals may need casual 
Fridays while DeFi builders dress up ever so slightly — a convergence he views 
as the natural direction of an industry increasingly operating in lockstep 
with institutional capital. Frambot himself recently attended an event at the 
New York Stock Exchange — and wore trousers. This development marks a pivotal 
moment for the nascent sector&#8217;s relationship with mainstream venture capital 
and traditional finance. Related Reading: Citrini Research Puts Hyperliquid On 
Wall Street’s Crypto Radar A $175 million raise from three of the most 
prominent names in both crypto, Ethereum, and conventional investing — 
targeting the same Wall Street institutions that have spent two years 
cautiously circling DeFi — is the clearest signal yet that decentralized 
lending is no longer a crypto-insider experiment. It is becoming 
infrastructure that institutional capital intends to use. Cover image from 
ChatGPT, ETHUSD chart from Tradingview

Morpho, a decentralized lending protocol operating on Ethereum, HyperEVM, and other blockchains currently holding $6.6 billion in total value locked, has raised $175 million in a funding round led by Paradigm, Ribbit Capital, and Andreessen Horowitz&#8217;s digital assets arm a16z crypto — valuing the protocol at up to $2 billion and positioning it for an &#8230;

Ethereum DeFi Protocol That Just Raised $175 Million From a16z And Paradigm Has A Bold Message For Wall Street

The prolonged blockade risks escalating economic instability, impacting global 
oil markets and cryptocurrency valuations, while straining US-Iran relations.
The post Trump says US will maintain blockade of Iranian ports until deal 
reached appeared first on Crypto Briefing.

The prolonged blockade risks escalating economic instability, impacting global oil markets and cryptocurrency valuations, while straining US-Iran relations. The post Trump says US will maintain blockade of Iranian ports until deal reached appeared first on Crypto Briefing.

Trump says US will maintain blockade of Iranian ports until deal reached

Iran&#8217;s warning highlights the fragile balance in Middle East geopolitics, with 
potential for broader regional conflict impacting global stability.
The post Iran ends military operations against Israel, warns of harsher 
retaliation if Lebanon is attacked appeared first on Crypto Briefing.

Iran&#8217;s warning highlights the fragile balance in Middle East geopolitics, with potential for broader regional conflict impacting global stability. The post Iran ends military operations against Israel, warns of harsher retaliation if Lebanon is attacked appeared first on Crypto Briefing.

Iran ends military operations against Israel, warns of harsher retaliation if Lebanon is attacked

The faltering cease-fire exacerbates regional instability, diminishing 
prospects for peace and increasing the risk of broader military conflicts.
The post Israel strikes Tyre as cease-fire with Lebanon falters appeared first 
on Crypto Briefing.

The faltering cease-fire exacerbates regional instability, diminishing prospects for peace and increasing the risk of broader military conflicts. The post Israel strikes Tyre as cease-fire with Lebanon falters appeared first on Crypto Briefing.

Israel strikes Tyre as cease-fire with Lebanon falters

Bitcoin searches hit 12-month highs and analysts say retail is back. But on- 
chain data shows retail selling while whales buy. What the search data really 
means.

Bitcoin searches hit 12-month highs and analysts say retail is back. But on- chain data shows retail selling while whales buy. What the search data really means.

Is retail coming back to crypto? What the search data says

OpenAI filed a confidential S-1 with the SEC, targeting a public debut as 
early as September at a valuation between $852 billion and $1 trillion. The 
filing arrived inside a broader wave that Goldman Sachs says could produce a 
record $160 billion in US IPO proceeds in 2026, with SpaceX targeting a $75 
billion raise […]
The post Bitcoin faces a Wall Street test as AI’s mega-IPO wave targets the 
same capital appeared first on CryptoSlate.

OpenAI filed a confidential S-1 with the SEC, targeting a public debut as early as September at a valuation between $852 billion and $1 trillion. The filing arrived inside a broader wave that Goldman Sachs says could produce a record $160 billion in US IPO proceeds in 2026, with SpaceX targeting a $75 billion raise &#8230;

Cryptocurrency price in THB

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