The post Apollo to acquire Up to 90M MORPHO tokens in strategic deal appeared on BitcoinEthereumNews.com.

Apollo Global Management is moving to deepen its involvement in decentralized finance through a long-term collaboration with the Morpho Association. Summary Apollo Global Management will acquire up to 90 million MORPHO tokens over 48 months. The partnership follows institutional integrations with Bitwise, which launched a USDC yield vault, and Flare, which enabled XRP-linked lending. The deal strengthens Morpho’s on-chain lending infrastructure and gives Apollo long-term governance influence. The partnership was announced on Feb. 13, with the Morpho Association confirming that it had signed an agreement with Apollo affiliates. Over the next 48 months, Apollo and its related entities will have the option to acquire up to 90 million Morpho (MORPHO) tokens. Agreement outlines token purchase plan These tokens may be obtained through a mix of open-market purchases, over-the-counter transactions, and other negotiated arrangements. To promote market stability, the agreement includes ownership caps as well as specific transfer and trading restrictions. These safeguards were built into the structure of the deal to limit sudden supply increases and reduce the likelihood of sharp price swings. If the full allocation is purchased, Apollo’s holdings would represent about 9% of Morpho’s total governance token supply.. At recent prices ranging between $1.19 and $1.37 per token in mid-February, the full cap would be valued at approximately $107 million to $115 million. Galaxy Digital UK Limited acted as the exclusive financial adviser to Morpho during the negotiations. Morpho said the cooperation will support the development of lending markets, credit infrastructure, and curator-managed vaults across its protocol. Agreement outlines token purchase plan The Apollo deal follows several high-profile institutional partnerships that have helped Morpho strengthen its position in decentralized lending. In late January 2026, Bitwise Asset Management introduced its first on-chain vault on Morpho, offering USDC deposits with yields of up to 6%. The launch marked Bitwise’s first move into non-custodial DeFi…

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Filed under: News - @ February 16, 2026 5:17 am