Cronos will collaborate with Crypto.com and onchain lending platform Morpho to expand decentralized finance and asset tokenization on the Cronos blockchain. Cronos Labs announced the partnership on Oct. 2, noting in a press release that Crypto.com and Morpho will help…Cronos will collaborate with Crypto.com and onchain lending platform Morpho to expand decentralized finance and asset tokenization on the Cronos blockchain. Cronos Labs announced the partnership on Oct. 2, noting in a press release that Crypto.com and Morpho will help…

Cronos integrates Morpho to boost DeFi lending and tokenization

Cronos will collaborate with Crypto.com and onchain lending platform Morpho to expand decentralized finance and asset tokenization on the Cronos blockchain.

Summary
  • Cronos, Morpho and Crypto.com plan to collaborate on an initiative aimed at bolstering DeFi on the Cronos chain.
  • The partnership will also explore tokenization.
  • Native Cronos token CRO rose amid the news, initially spiking by more than 13% to above $0.22.

Cronos Labs announced the partnership on Oct. 2, noting in a press release that Crypto.com and Morpho will help boost its blockchain ecosystem as a platform for capital-efficient lending and borrowing. The integration will go beyond expanding the decentralized finance lending. The platforms target tokenization.

Why else is the Cronos and Morpho partnership key?

The initiative also aims at scaling Cronos (CRO) as a platform for DeFi for millions of users around the world, with Morpho (MORPHO) expanding its onchain lending infrastructure beyond Ethereum.

As part of the integration, Morpho will expand its vaults into Crypto.com’s product offering.

The platforms also plan to add stablecoin lending markets,  which will be backed by various wrapped assets that include Crypto.com wrapped Bitcoin and Crypto.com wrapped Ethereum. CDCBTC and CDCETH are tokenized Bitcoin and Ethereum that allow holders to participate in DeFi across other blockchain networks.

Support for Morpho Vaults on Crypto.com

The integration will also see Crypto.com integrate Morpho into its app and exchange platforms, bringing Morpho’s lending markets to more users within the CRO ecosystem.

Crypto.com also plans to explore the integration of wrapped real-world assets as collateral within Morpho’s vaults. 

According to Ketat Sarakune, head of yield and asset growth at Crypto.com, launching Morpho vaults on Crypto.com will bring advanced DeFi lending opportunities to millions of users globally. The markets will tap into features such as network speed, scalability and low costs.

CRO was one of the top gaining tokens amid the news as price surged more than 13% from lows of $0.20 to above $0.22. The token traded around $0.21 at the time of writing.

Market Opportunity
MORPHO Logo
MORPHO Price(MORPHO)
$1.2155
$1.2155$1.2155
+0.86%
USD
MORPHO (MORPHO) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Thyroid Eye Disease (TED) Treatments Market Nears $4.3 Billion by 2032: Emerging Small Molecule Therapies Targeting Orbital Fibroblasts Drive Revenue Growth – ResearchAndMarkets.com

Thyroid Eye Disease (TED) Treatments Market Nears $4.3 Billion by 2032: Emerging Small Molecule Therapies Targeting Orbital Fibroblasts Drive Revenue Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Thyroid Eye Disease Treatments Market – Global Forecast 2025-2032” report has been added to ResearchAndMarkets.com’s offering. The thyroid
Share
AI Journal2025/12/20 04:48
Virtus Equity & Convertible Income Fund Announces Special Year-End Distribution and Discloses Sources of Distribution – Section 19(a) Notice

Virtus Equity & Convertible Income Fund Announces Special Year-End Distribution and Discloses Sources of Distribution – Section 19(a) Notice

HARTFORD, Conn.–(BUSINESS WIRE)–Virtus Equity & Convertible Income Fund (NYSE: NIE) today announced the following special year-end distribution to holders of its
Share
AI Journal2025/12/20 05:30
Fed rate decision September 2025

Fed rate decision September 2025

The post Fed rate decision September 2025 appeared on BitcoinEthereumNews.com. WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4.00%-4.25%. Newly-installed Governor Stephen Miran was the only policymaker voting against the quarter-point move, instead advocating for a half-point cut. Governors Michelle Bowman and Christopher Waller, looked at for possible additional dissents, both voted for the 25-basis point reduction. All were appointed by President Donald Trump, who has badgered the Fed all summer to cut not merely in its traditional quarter-point moves but to lower the fed funds rate quickly and aggressively. In the post-meeting statement, the committee again characterized economic activity as having “moderated” but added language saying that “job gains have slowed” and noted that inflation “has moved up and remains somewhat elevated.” Lower job growth and higher inflation are in conflict with the Fed’s twin goals of stable prices and full employment.  “Uncertainty about the economic outlook remains elevated” the Fed statement said. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen.” Markets showed mixed reaction to the developments, with the Dow Jones Industrial Average up more than 300 points but the S&P 500 and Nasdaq Composite posting losses. Treasury yields were modestly lower. At his post-meeting news conference, Fed Chair Jerome Powell echoed the concerns about the labor market. “The marked slowing in both the supply of and demand for workers is unusual in this less dynamic…
Share
BitcoinEthereumNews2025/09/18 02:44