Overview
- Apollo and its affiliates may acquire MORPHO via open‑market, OTC, and other negotiated transactions subject to ownership caps and transfer and trading restrictions.
- If fully executed, the allocation would equal roughly 9% of Morpho’s governance token supply and comes with a plan to work together on on‑chain lending markets and curator‑managed vaults.
- MORPHO rallied after the news, with reports showing a gain of about 18% over the weekend.
- Galaxy Digital UK served as the exclusive financial adviser to Morpho on the cooperation agreement.
- Some market participants cautioned that the announcement’s language leaves timing and form of any token purchases uncertain.