Apollo Global Management Inc. partners with Morpho, a decentralized lending platform, to acquire up to 90 million MORPHO governance tokens over four years, boosting MORPHO price by 17.8% to $1.32. Morpho is the sixth-largest DeFi protocol with $5.8 billion in total value locked, offering lending markets and curated investment vaults. Apollo has nearly $940 billion in assets under management and has been increasing exposure to crypto and blockchain.

Read more at Coin Telegraph: Apollo Partners With Morpho To Support Lending Infrastructure