Wall Street Giant Apollo Follows BlackRock in DeFi Push with Morpho Token Deal

Apollo Moves Into DeFi Lending With Morpho Token Deal

Apollo is deepening its crypto footprint with a plan to acquire up to 9% of Morpho’s token supply, underscoring growing institutional interest in onchain lending.

Wall Street giant Apollo follows BlackRock in DeFi push with Morpho token deal

The asset manager overseeing more than $900 billion assets may buy up to 90 million MORPHO tokens as part of a partnership to support DeFi credit market, it said.

Apollo to Acquire 9% of MORPHO in Four-Year Deal

This article was first published on Deythere. Apollo Global Management has announced a partnership with the Morpho Association, the group behind the Morpho DeFi lending platform.  As part of the agreement, Apollo and its affiliates have committed to purchasing a maximum of 90 million MORPHO tokens over the next four years as well as partnering with Morpho to fund on-chain lending markets.  There are also tangible price reactions and increased in…

Apollo Deepens DeFi Push With Strategic Stake in Morpho More Stories ETHNews

Wall Street asset management firm Apollo Global Management, which oversees more than $900 billion in assets, has expanded its presence in decentralized finance through a landmark cooperation agreement with the Morpho Association. The move establishes a structured pathway for Apollo to become both a significant token holder and an active participant in the Morpho lending protocol. Deal Structure and Token Commitment Under the agreement, Apollo an…

Apollo to acquire Up to 90M MORPHO tokens in strategic deal

Apollo Global Management is moving to deepen its involvement in decentralized finance through a long-term collaboration with the Morpho Association. The partnership was announced on Feb. 13, with the Morpho Association confirming that it had signed an agreement with Apollo…

Apollo Global Management Enters DeFi Lending Through Strategic Morpho Protocol Partnership

The institutional adoption of decentralized finance reached a new inflection point as Apollo Global Management, the $940 billion asset manager, announced its entry into crypto lending infrastructure through a strategic collaboration with Morpho protocol. The partnership positions Apollo to acquire up to 90 million MORPHO tokens while co-developing DeFi lending solutions that could reshape how traditional asset managers engage with blockchain-bas…