Affected by the news of the partnership with Apollo, MORPHO saw a brief 10% price increase.
BlockBeats News, February 14th, according to an exchange market data, influenced by the Apollo partnership news, MORPHO surged by about 10% in the short term, now priced at $1.25.
BlockBeats previously reported that Morpho announced a partnership agreement with the asset management company Apollo Global Management, which manages $900 billion in funds. Apollo plans to acquire up to 90 million MORPHO tokens over 48 months, and the two parties will jointly support the on-chain lending market of the Moropho protocol.
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