apollo global manages $840b in assets and just locked $112.5m into 90m MORPHO tokens for 4 years. 9% of total supply. they're already running leveraged credit vaults on the protocol. they didn't buy a token. they bought governance control over the infrastructure they plan to route billions through. coinbase pushing $1.2b in loans through morpho. OKX did $300m in deposits week one. morpho runs 2x aave's lending volume on base. $12b TVL with zero token incentives. every major exchange is quietly wiring their ...

apollo just mass-bought 90m MORPHO tokens for $112.5m with a 7.5x to 30x voting power multiplier on governance. they didn't buy a token. they bought control over which collateral gets approved on a $7b TVL lending protocol generating $260m annualized revenue. fee switch is still off. $865m market cap. apollo runs an $840b credit book and already operates a leveraged credit vault on morpho routing private credit deals through onchain infrastructure. when they push governance to flip fee capture on, 30% take ...

LATEST: 💰 Asset manager Apollo Global signed a deal to acquire up to 90 million MORPHO tokens over four years, representing a 9% stake in the DeFi lending protocol's governance token supply. https://t.co/4Vu2sime3w ...