PANews reported on February 14th that Morpho Association has announced a partnership agreement with an affiliate of Apollo Global Management. Under the agreement, Apollo and its affiliates can acquire MORPHO tokens through open market purchases, over-the-counter trading, and other contractual arrangements, but a cumulative holding limit of 90 million tokens is set for 48 months, subject to transfer and trading restrictions. Apollo and Morpho will collaborate to support the on-chain lending market on the Morpho protocol. Galaxy Digital UK Limited is serving as Morpho's exclusive financial advisor in this partnership.
Morpho announced a partnership with Apollo, under which the latter will purchase up to 90 million Morpho tokens over 48 months.
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