Bitwise has launched an onchain vault through Morpho, signaling increasing institutional interest in onchain capital allocation. The vault aims to generate up to 6% yield on USDC. The development underscores a growing trend of institutions exploring opportunities within decentralized finance (DeFi) to enhance returns and manage digital assets. The collaboration between Bitwise and Morpho highlights the evolving landscape of institutional involvement in blockchain-based financial products.

Bitwise has launched an onchain vault through Morpho, signaling increasing institutional interest in onchain capital allocation. The vault aims to generate up to 6% yield on USDC. The development underscores a growing trend of institutions exploring opportunities within decentralized finance (DeFi) to enhance returns and manage digital assets. The collaboration between Bitwise and Morpho highlights the evolving landscape of institutional involvement in blockchain-based financial products.