Morpho Raises $175M at $2B Valuation as Paradigm and A16z Back DeFi Push – Bitcoin News

Key Takeaways Morpho raised $175M from Paradigm, A16z Crypto, and Ribbit at a $2B valuation. Morpho’s $6.6B TVL highlights rising institutional demand for DeFi lending. Paul Frambot aims to scale Morpho from crypto markets to Wall Street finance. Morpho Targets Institutional Finance as TVL Hits $6.6B Morpho has raised $175 million in fresh funding, giving…

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Japan’s three megabanks target joint yen stablecoin by March 2027

MUFG Bank, Sumitomo Mitsui Banking Corporation and Mizuho Bank plan to start live transactions with a jointly issued stablecoin during fiscal year 2026. Japan’s fiscal year ends in March 2027. Summary Japan’s three megabanks target live stablecoin transactions within fiscal 2026 under a shared banking framework. A new council will examine issuance infrastructure, governance, operating…

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