Morpho Labs Valuation, Funding & Investors

BlockFi is a cryptocurrency lending platform that issues USD loans backed by client-held Bitcoin and Ethereum collateral. New York-headquartered during its operational phase, it partnered with custodians like Gemini for asset storage and served retail and institutional borrowers across multiple US states. The service integrated with leading blockchains to provide liquidity options including interest-bearing accounts.

21.co is a Zug, Switzerland-headquartered cryptocurrency enterprise offering user-friendly access to digital assets. As parent of 21Shares, the world's largest issuer of cryptocurrency exchange-traded products listed on the SIX Swiss Exchange, it utilizes the Onyx technology platform for issuance and operations. Founded in 2018, 21.co also oversees Amun for decentralized finance accessibility, with offices in Zurich and New York.

Aptos Labs is a Palo Alto-headquartered Web3 company building the Aptos Layer 1 blockchain, emphasizing scalability with parallel execution and the Move programming language. Founded in 2021 by former Meta Diem team members, Aptos Labs powers DeFi, gaming, and NFT applications for developers worldwide.

Babel Finance is a cryptocurrency financial services firm offering lending, asset management, and prime brokerage to high-net-worth individuals and institutions. Licensed in Singapore and operating globally from its Hong Kong headquarters, it processes over $1 billion in monthly collateralized loans at competitive rates. The platform supports major assets like Bitcoin, Ethereum, and stablecoins through OTC trading desks and custody solutions partnered with Fireblocks. Babel Finance facilitates structured products including yield farming and hedging strategies.

BlinkRx, operating under the Blink Health brand, is a New York-based prescription access platform founded in 2014 by brothers Geoffrey and Matthew Chaiken. It lets patients purchase prescription medications online at reduced prices and have them delivered to their homes or a local pharmacy, negotiating directly with drug manufacturers to bring down costs. The company has said it aims to bring pricing transparency and affordability to prescription drugs, and its infrastructure has also supported TrumpRx, a government-run website for direct-to-consumer drug purchasing.

CertiK is a New York-based blockchain security auditor founded in 2018 by Yale and Columbia professors. The firm has secured over $200 billion in DeFi value through AI-driven smart contract audits and formal verification for protocols like Binance Smart Chain and Polygon. With 300 employees, it monitors 10,000 projects via Skynet platform, detecting exploits in real-time.

Copper is a London-headquartered custody and trading platform for institutional digital assets. It safeguards over $5 billion in client assets including Bitcoin and Ethereum using multi-party computation wallets and air-gapped storage. The ClearLoop network facilitates off-exchange settlement with exchanges like Binance and Coinbase Prime, while its lending service offers uncollateralized loans.

Firstp2p is a Beijing-headquartered online lending information platform launched in 2013. The service connects small and medium enterprises with financial products such as car loans, mortgages, and leasing options through peer-to-peer matching in China.

Mysten Labs is a Palo Alto-headquartered developer of web3 infrastructure. It created the Sui blockchain, a layer-1 network using Move programming language for high-throughput DeFi and gaming applications. Founded in 2021 by former Meta Diem engineers, Mysten Labs provides wallets, indexes, and RPC nodes supporting thousands of daily transactions. The firm partners with exchanges like Binance for Sui token listings.

Polygon is a layer-2 scaling platform for Ethereum and web3 applications. The network supports zkEVM, optimistic rollups, and sidechains, hosting protocols like Aave and Decentraland. Polygon operates from India with global nodes, processing transactions for decentralized finance and NFTs through its proof-of-stake chain.

RedotPay is a Hong Kong-based fintech platform bridging cryptocurrency and fiat payments. Users access Visa and Mastercard debit cards loaded with USDT and USDC, alongside a multi-currency wallet for global transfers. The service includes crypto earning via staking, OTC trading, and business payout tools. Launched in 2022, RedotPay serves customers in over 150 countries with regulatory compliance in multiple jurisdictions.

TRM Labs provides blockchain intelligence tools for financial institutions, crypto firms, and agencies like the FBI and IRS to detect and investigate cryptocurrency crimes. Trusted by clients including PayPal, Visa, FTX, Uniswap, and Anchorage, the company has raised over $79 million from investors such as JPMorgan Chase, Citi, and Tiger Global. Operating remotely with hubs in San Francisco, Washington, DC, and London, TRM employs experts from the U.S. Secret Service, Treasury, and Coinbase.

Avant is a Chicago-headquartered fintech company founded in 2012 that operates an online lending marketplace connecting consumers in the United States and United Kingdom to personal loans for debt consolidation, medical bills, and travel. Powered by machine learning algorithms analyzing 1,200 data points, the platform matches borrowers with over 20 bank partners, facilitating $10 billion in funded loans. Avant serves subprime and near-prime borrowers with loan amounts from $2,000 to $35,000.

Zip is a credit provider operating two segments: Australia and New Zealand, and the US. Founded in Australia in 2013, it has over 6 million active customers and partners with over 85,000 merchants. In Australia, Zip positions itself as a credit card alternative, with several revolving credit products. Customers can carry the balance over time with a monthly fee and set their own repayment schedule. The US and New Zealand offering is a far more vanilla BNPL offering: Pay-in-4 in New Zealand and Pay-in-Z in the US, where customers pay back in fixed instalments. The US segment is built on the 2020 acquisition of QuadPay and has recently become Zip’s largest and fastest-growing segment.

0G Labs is a San Francisco-headquartered blockchain infrastructure company developing modular data availability layers for decentralized applications. The firm emphasizes AI-integrated rollups and zero-knowledge proofs for scalability in DeFi and gaming sectors. Founded in 2023, it raised seed funding to build interoperability with Ethereum and Solana ecosystems.

SharpLink Inc is one of those publicly traded companies to adopt ETH as its primary treasury reserve asset - a move that aligns the company with the future of digital capital and gives investors direct exposure to Ethereum, a smart-contract platform and a digital asset. The company is also a trusted marketing partner to sportsbooks and online casino gaming operators world-wide. Through its iGaming affiliate marketing network, SharpLink owns and operates a portfolio of direct-to-player, state-specific, affiliate marketing websites designed to attract, acquire and drive local sports betting and online casino gaming traffic to its valued partners which are licensed to operate in each respective state.

Pagaya Technologies Ltd is a financial technology company working to reshape the lending marketplace by using machine learning, data analytics, and sophisticated AI-driven credit and analysis technology. It was built to provide a comprehensive solution to enable the credit industry to deliver customers a positive experience while simultaneously enhancing the broader credit ecosystem. Its proprietary API seamlessly integrates into its next-gen infrastructure network of partners to deliver a premium customer user experience and greater access to credit. The company generates majority of its revenue from United States.

Upstart Holdings Inc provides credit services. The company provides a proprietary, cloud-based, artificial intelligence lending platform. The platform aggregates consumer demand for loans and connects it to the network of Upstart AI-enabled bank partners. The company support development of different lending product offerings, which are grouped into three operating segments - Personal Lending (unsecured personal loans and small dollar loans), Auto Lending (auto refinance, auto retail loans, and auto secured personal loans), and Other (HELOCs and other).