Morpho Association Partners with Apollo to Support On-Chain Lending Market

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On February 13, 2026, the Morpho Association announced a cooperation agreement with an affiliate of Apollo Global Management. Under the agreement, Apollo may acquire MORPHO tokens through public market purchases, over-the-counter transactions, and other means, with a total holding cap of 90 million tokens over 48 months, subject to transfer and trading restrictions. Both parties will jointly support the on-chain lending markets on the Morpho protocol. As an open on-chain lending network, Morpho provides infrastructure for lending markets governed by MORPHO token holders.

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