DeFi
Integration for millions of users signals a growing trend of CeFi platforms leveraging DeFi, as neobank Deblock also launches Morpho-powered yield products.
October 2, 2025
Companies mentioned:
Crypto.com is partnering with Morpho to launch a full-featured earn and borrow suite on the Cronos chain. The collaboration aims to bring advanced, efficient DeFi lending and borrowing capabilities to Crypto.com's millions of users, representing a significant move by a major centralized exchange to integrate core DeFi infrastructure.
This partnership highlights a broader industry trend of established crypto platforms turning to DeFi protocols to enhance their product offerings. By building on Morpho, Crypto.com can provide its large retail base with access to more sophisticated financial tools typically found in the DeFi ecosystem.
As Mirko Zhao, Head of Cronos Labs, stated, "By working together to enable borrowing and lending with wrapped assets, we’re unlocking immediate utility for users while also laying the groundwork for tokenization and institutional-grade use cases." Paul Frambot, Co-founder and CEO of Morpho, added, "We’re excited to keep growing the DeFi Mullet: with Crypto.com in the front, Morpho on Cronos in the back to bring the benefit of on-chain lending to millions of users through familiar user experience."
Together, these integrations underscore Morpho's growing position as a foundational layer for both mass-market crypto applications and compliant financial products.
The Stabledash newsletter keeps you off the timeline and dialed into modern money.
Join leaders at Circle, Ripple, and Visa who trust us for their stablecoin insights.