Wall Street Firms Invest in Decentralized Finance Infrastructure

Three major DeFi tokens - Morpho, Uniswap, and Jupiter - have experienced significant price rallies over the past week due to landmark deals with Wall Street firms.

The agreements see Apollo Global Management acquire up to 90 million MORPHO tokens, BlackRock purchasing UNI tokens alongside integrating its $2 billion tokenized Treasury fund into Uniswap's infrastructure, and ParaFi Capital investing $35 million directly into JUP.