Great discussion at @money2020 this week with @guywuolletjr from @a16zfrontier and @MuyaoShen from Bloomberg @business on the evolution of vaults and onchain credit markets. We sat down with dozens of our partners over the last few days, and the message was clear: fintechs and brokerages want differentiated credit products with a mix of yield profiles, an easy integration path, and the ability to tap 3p lenders in a competitive market, rather than constraining their balance sheets. @Morpho's technology hands all of that to them in a box - along with a new revenue stream. And as tokenization brings every asset in the world onchain, more value than ever will be deployable through Morpho.

I’m excited to share that I’ve joined @Morpho to lead all things commercial as Head of GTM. @PaulFrambot and team are visionaries and world-class builders. It’s a privilege to team up with them. Blog: What’s Morpho? Morpho is an open credit network that enables people and agents to build customizable onchain lending, borrowing, and yield products. Morpho protocols, smart contracts, and blockchains are the infrastructure making it possible. Morpho is a pure technology layer, with composability and security at the center of its design. The why Morpho makes it dead simple for our partners - fintechs, brokerages, exchanges, and banks - to build revenue-generating products that help their users put their assets to work. In parallel, this helps unlock new distribution for lenders and asset issuers. Historically, spinning up credit products meant building pricing, risk and liquidation systems from scratch, and spending months on integrations before the first loan went out. Morpho collapses this into open infrastructure: liquidity, rates, and liquidations run onchain, in markets anyone can access. We’re growing More than $17B is now deposited on Morpho protocols, up 3.4x since the beginning of 2025. So far, BTC, USDC, ETH and other stablecoins have anchored most of that growth. But these assets have also laid the foundation for what's coming next, by getting institutions comfortable with onchain infrastructure… The onchain collateral supernova …Now, Wall Street is racing to tokenize treasuries, funds, credit, and equities. “Crypto native” collateral will keep growing, but the tokenization wave has the potential to be orders of magnitude larger. Onchain credit markets will accelerate tokenization growth because they make tokenized assets more productive: they becomes programmable collateral that people can borrow against 24/7, in seconds. In the not so distant future, we’ll have tens of thousands of tokenized assets and $ trillions more in value onchain. Humans and agents will flock to the fastest and most composable system. In credit, Morpho is poised to be that system. First orders of business It’s day one for me, but it’s already clear a lot of my work will rhyme with what I focused on over the last 7+ years scaling Coinbase’s institutional and infrastructure businesses: helping make our partners successful. Over the next few weeks, I’ll be on a listening tour. If you’re working on credit products - as a fintech, lender, curator, asset issuer or something else - drop me a line. We want to hear from you and help you grow. Last but not least: we’re hiring! …Across GTM and beyond. Come get in touch if you’re as excited about the Morpho vision as I am. Let’s go. More - API docs [ - About Morpho [ - Our recent $175M raise from a16z, Ribbit Capital, Paradigm, Apollo, and others [ - Open roles [

I’m excited to share that I’ve joined @Morpho to lead all things commercial as Head of GTM. @PaulFrambot and team are visionaries and world-class builders. It’s a privilege to team up with them. What’s Morpho? Morpho is an open credit network that enables people and agents to build customizable onchain lending, borrowing, and yield products. Morpho protocols, smart contracts, and blockchains are the infrastructure making it possible. Morpho is a pure technology layer, with composability and security at the center of its design. The why Morpho makes it dead simple for our partners - fintechs, brokerages, exchanges, and banks - to build revenue-generating products that help their users put their assets to work. In parallel, this helps unlock new distribution for lenders and asset issuers. Historically, spinning up credit products meant building pricing, risk and liquidation systems from scratch, and spending months on integrations before the first loan went out. Morpho collapses this into open infrastructure: liquidity, rates, and liquidations run onchain, in markets anyone can access. We’re growing More than $17B is now deposited on Morpho protocols, up 3.4x since the beginning of 2025. So far, BTC, USDC, ETH and other stablecoins have anchored most of that growth. But these assets have also laid the foundation for what's coming next, by getting institutions comfortable with onchain infrastructure… The onchain collateral supernova …Now, Wall Street is racing to tokenize treasuries, funds, credit, and equities. “Crypto native” collateral will keep growing, but the tokenization wave has the potential to be orders of magnitude larger. Onchain credit markets will accelerate tokenization growth because they make tokenized assets more productive: they becomes programmable collateral that people can borrow against 24/7, in seconds. In the not so distant future, we’ll have tens of thousands of tokenized assets and $ trillions more in value onchain. Humans and agents will flock to the fastest and most composable system. In credit, Morpho is poised to be that system. First orders of business It’s day one for me, but it’s already clear a lot of my work will rhyme with what I focused on over the last 7+ years scaling Coinbase’s institutional and infrastructure businesses: helping make our partners successful. Over the next few weeks, I’ll be on a listening tour. If you’re working on credit products - as a fintech, lender, curator, asset issuer or something else - drop me a line. We want to hear from you and help you grow. Last but not least: we’re hiring! …Across GTM and beyond. Come get in touch if you’re as excited about the Morpho vision as I am. Let’s go. More - API docs [ - About Morpho [ - Our recent $175M raise from a16z, Ribbit Capital, Paradigm, Apollo, and others [ - Open roles [

The world's biggest cloud platform, @awscloud, just chose stablecoins to power agentic payments. @Coinbase wallets + x402 are now natively integrated into Amazon Bedrock AgentCore. First major cloud provider to embed autonomous crypto payments into its agent stack. We're live at the AWS Financial Services Symposium presenting on this exciting new partnership. 🤝

Great discussion with Robbie Mitchnick and Meera Jessa on our long partnership with @BlackRock and how @coinbase is building infrastructure for the next generation of crypto adoption.