One of the most trusted names in digital assets, @krakenfx is building its full suite of onchain yield products on Morpho.
Proof in the numbers
🔹 $180M+ in deposits in Bitcoin Vaults within 1 week
🔹 $300M+ in assets earning yield on Morpho
🔹 vault strategies from @SentoraHQ
Holders of @humafinance's $PST, backed by payment receivables, can now borrow USDC liquidity from a @RockawayX curated Morpho Vault
With $1B+ in RWA deposits, Morpho's open credit network enables any asset issuer to bring additional utility to their assets
As vaults take over finance, Vault Summit took over the NYSE.
We connected the world's largest institutions with the teams building the future of finance onchain.
Special thanks to our host @Morpho, co-host @SPGlobal, and Title sponsors @gauntlet_xyz, @FordefiHQ, and @Visa.
The internet's value didn't come from the protocol itself.
It came from the companies : Amazon, Google, Stripe, etc, that used it as a foundation to build applications that delivered value to end-users.
Blockchains are a platform. And the apps are starting to show up.
Credit
Big day for @Morpho.
Last year, we sat down with @PaulFrambot and had him explain it from scratch: what it is, why institutions suddenly care, and where he thinks finance is headed.
Five answers 👇
We’ve just raised $175M in a round co-led by @paradigm, @a16zcrypto, and @RibbitCapital. And this is the largest raise in DeFi history.
The current financial system is broken. Access to capital still depends on where you live, who you know, and which intermediaries are willing
We’ve just raised $175M, in a round co-led by @paradigm, @a16zcrypto, and @RibbitCapital, the largest raise DeFi has ever seen.
Credit is the bedrock of our civilization, but the infrastructure underneath is fragmented, extractive, and closed to most of the world. That is what
We're excited to announce that @Morpho is bringing enterprise yield to global SMBs on Reah.
Businesses can put idle capital to work through @gauntlet_xyz vaults, earning a higher yield than traditional business accounts with 24/7 liquidity.
Morpho has over $10B in deposits.