Pantera Capital invests in decentralized lending protocol Morpho
Quick Take: Pantera Capital said it invested in decentralized lending protocol Morpho. Pantera highlighted Morpho’s emphasis on user-controlled risk assessment.
“Morpho set out to develop a more robust, user-controlled risk assessment platform with a unique lending pooling and matching system,” Pantera said in the announcement . The protocol is also backed by a16z, Variant, Coinbase, Mechanism and others.
Morpho allows various protocols and apps to be built on top of its base layer, Morpho Blue , which externalizes risk management and allows institutions to integrate it into their own risk and compliance management systems.
End users on Morpho’s lending and borrowing protocol are able to choose risk assessors, while other DeFi protocols employ third parties to manage risks, the release noted. Morpho has over $970 million in total value locked.
New York-based research firm Gauntlet announced yesterday that it will work on designing and managing risk for Morpho’s lending vaults.
Pantera did not immediately respond to The Block’s request for further details on the investment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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