Morpho is a decentralized lending platform that allows anyone to earn yield and borrow assets seamlessly. It also enables developers and businesses to build custom applications and innovative solutions on its flexible, permissionless infrastructure.
As one of the fastest-growing DeFi protocols globally, Morpho is positioning itself as a key foundation of the onchain financial system, serving individuals, fintech, and traditional institutions.
Morpho has secured over $70 million in funding from Ribbit Capital, a16z crypto, Coinbase Ventures, Variant, Brevan Howard, and 100 others to support its mission of making financial infrastructure a public good.
Why financial infrastructure should be a public good
Financial infrastructures form the backbone of any economy. They are foundational systems where participants in multi-sided markets come together to settle financial operations. Yet, every layer of the financial infrastructure lacks openness, efficiency, and resiliency.
Most infrastructures are owned by private companies that usually lack the right incentives to solve the problems mentioned above. Instead, financial infrastructure should be neither privately nor state-owned but rather globally owned—a public good for all humanity, much like the Internet.
How Morpho will achieve this mission: Build finance like the Internet
The best way to transform private financial infrastructure into a public good is to rebuild it in the style of the early Internet, enabled by blockchain technology. The design decisions of the early Internet–namely, decentralized, permissionless, and primitive protocols–led to an explosion in development, efficiency, creativity, and value creation.
Finance could undergo a true renaissance if operations were aggregated and settled on global protocols as decentralized, permissionless, and primitive as possible.
