Robbie Petersen joins a16z crypto as investment partner

Morpho has raised $175 million in a funding round led by Paradigm, A16z Crypto, and Ribbit Capital. The DeFi lending protocol is now valued at about $2 billion as it expands from crypto-native markets into institutional finance. Morpho Targets Institutional Finance as TVL Hits $6.6B Morpho has raised $175 million in fresh funding, giving the […]

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’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’s most traditional institutions into DeFi, according to Fortune’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’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’s average monthly price, with the exact cost varying by when participants contrib

Morpho raises $175M from Paradigm, a16z Crypto and Ribbit as the DeFi platform expands its open credit network for banks and asset managers.

Morpho Association has raised $175 million in a round co-led by Paradigm, a16z Crypto, and Ribbit Capital, with Apollo Funds and VanEck among the strategic participants. The round, which values Morpho at $2 billion, is among the largest fundraises in DeFi history.

The Senate Banking Committee voted on May 14, 2026, to advance the Digital Asset Market CLARITY Act, pushing the United States closer to its first comprehensive crypto market structure law. A16z Crypto Backs CLARITY Act After Senate Committee Vote The committee’s “markup” vote moved the legislation forward on a bipartisan basis. Miles Jennings, General Counsel […]

The post JUST (JST) Holds $0.0889 as DeFi Sector Tracks $3 Billion Circle Arc Launch and Solana Alpenglow Upgrade appeared on BitcoinEthereumNews.com. JUST News Circle is positioning itself as more than a stablecoin issuer with the upcoming launch of Arc, a purpose-built blockchain valued at roughly $3 billion following a $222 million token presale. The round drew capital from a16z crypto, Apollo, BlackRock and ARK Invest, and shares of the USDC issuer climbed more than 15% on the announcement day. CEO Jeremy Allaire pitched Arc as an institutional-grade rail for tokenized finance and payments, designed to be operated by regulated financial firms. The development is closely watched across the DeFi landscape, where stablecoin infrastructure plays a central role in liquidity flows on networks like Tron, where JST operates. OpenAI has unveiled the OpenAI Deployment Company, a majority-owned subsidiary aimed at embedding specialized engineers inside enterprises running complex AI projects.

Digital Asset Holdings, the New York-based company behind the Canton Network, is in advanced talks to raise roughly $300 million at a valuation of approximately $2 billion, with Andreessen Horowitz’s A16z crypto leading the round. Digital Asset Eyes $300M Round Led by A16z Crypto at $2B Valuation The round has not closed, and its final […]

The private token sale for Circle's Arc blockchain was led by a16z crypto, and included BlackRock, Apollo, and Intercontinental Exchange.