Robinhood integrated Morpho into Crypto Earn, allowing eligible users to earn USDG yield through Morpho Vaults on Robinhood Chain infrastructure. Standard Chartered initiated coverage of Morp
- Robinhood integrated Morpho into Crypto Earn, allowing eligible users to earn USDG yield through Morpho Vaults on Robinhood Chain infrastructure.
- Standard Chartered initiated coverage of Morpho as Coinbase, Bitwise, Société Générale, and MetaMask continued adopting the protocol’s lending infrastructure.
- Morpho manages over $11 billion in deposits and plans additional institutional partnerships following its $175 million funding round led by major investors.
Robinhood Crypto has integrated Morpho into its new Crypto Earn service, bringing the decentralized lending protocol to eligible users through Robinhood Chain. At the same time, Standard Chartered initiated coverage of Morpho, adding to growing institutional recognition of the protocol. The dual developments helped lift the MORPHO token by more than 12% during the trading session.
Robinhood introduced the earning service alongside the launch of Robinhood Chain, its Ethereum Layer 2 network built with Arbitrum technology. Eligible users can earn yield by holding USDG within the application instead of managing lending positions independently.
Under the announced structure, deposited USDG automatically enters a Morpho Vault operating on Robinhood Chain. Steakhouse Financial curates the vault and selects lending markets based on risk management and expected returns. Consequently, users receive exposure to decentralized lending through a simplified process.
According to Robinhood Crypto Director of Partnerships Gaëtan Thabot, the integration gives eligible users an easier way to access yield through Morpho’s open credit network. He added that the product combines decentralized finance infrastructure with a familiar user experience inside the Robinhood platform.
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Institutional borrowers access liquidity from the vault through lending markets supported by protocols including Spark, Ethena, and Maple. Those borrowers pay interest on their loans. In turn, the interest generated is distributed to eligible Crypto Earn participants as yield.
Meanwhile, Standard Chartered’s decision to initiate coverage of Morpho marked another institutional milestone for the decentralized lending protocol. Although the bank did not launch a product, its research coverage placed additional attention on Morpho’s expanding role within decentralized finance.
Moreover, Robinhood joins a growing list of organizations building products on Morpho’s infrastructure. According to the announced details, Coinbase, Bitwise Asset Management, Société Générale, and MetaMask have also deployed solutions powered by the protocol.
Morpho co-founder Paul Frambot said decentralized finance infrastructure allows companies to develop financial products using open and transparent lending networks. He noted that businesses can build on shared infrastructure instead of relying on proprietary lending systems.
Funding Supports Expansion Strategy
The latest partnership also aligns with Morpho’s broader growth strategy. Recently, the protocol secured $175 million in funding through a round co-led by Paradigm, a16z crypto, and Ribbit. Apollo Funds, Circle Ventures, and VanEck also participated in the investment.
As a result, Morpho’s total capital raised has exceeded $250 million. The protocol currently manages more than $11 billion in deposits across its global lending ecosystem.
Additionally, the company previously stated that the new funding would accelerate partnerships with established financial brands. Robinhood’s Crypto Earn integration now stands among the most significant collaborations announced under that strategy.
Robinhood’s integration and Standard Chartered’s research coverage have strengthened Morpho’s institutional profile in a single day. Together, the developments highlight increasing adoption of decentralized lending infrastructure by major financial institutions and leading cryptocurrency platforms.
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