DeFi· ★★★· bullish·

Morpho Launches Onchain Credit Network for Tokenized Equities

  • —Morpho launched an onchain credit network for tokenized equities
  • —Morpho manages about $2.8 billion in assets, mainly USDC
  • —The move rides growing demand for tokenized assets like SPYx
Why it matters: Growth in tokenized equities could expand DeFi lending demand and intensify competition among lending protocols.
Source: Coinfomania