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Wall Street is further venturing into the cryptocurrency space:
Last week, Apollo reached an agreement to support on-chain lending markets for the first time in history.
According to the agreement, Apollo can receive up to 90 million MORPHO tokens over 48 months.
Just a few days ago, BlackRock announced it would purchase UNI tokens and integrate its tokenized BUIDL fund into Uniswap for institutional trading.
On February 2, the leading on-chain platform Jupiter reached an agreement with ParaFi Capital to secure a $35 million investment, directly investing in the platform's JUP tokens.
On-chain institutional investment activity is heating up.