Apollo to Acquire 90 Million MORPHO Tokens in DeFi Credit Market Expansion

Apollo, a prominent asset manager overseeing more than $900 billion in assets, has announced its intention to purchase up to 90 million MORPHO tokens. According to NS3.AI, this acquisition is part of a strategic partnership aimed at strengthening the decentralized finance (DeFi) credit market. The move highlights Apollo's increasing commitment to expanding its presence in the cryptocurrency sector.