Morpho launches institutional lending on HSK Chain in Asia
- —Morpho deployed lending products on HSK Chain from HashKey Group
- —Partners will create loans collateralized by BTC and tokenized assets (RWAs)
- —Morpho's TVL grew from $3 billion to a record $9.87 billion
- —In June, Morpho raised $175 million at a $2 billion valuation
Why it matters: Morpho strengthens its position in institutional lending, competing with Aave in the Asian market.
Source: Coin68