Morpher is a Vienna-based decentralized finance app and blockchain protocol that creates virtual copies of stocks, commodities, and currencies which can be traded 24/7 without traditional intermediaries. Users speculate using Morpher's native cryptocurrency, MPH, and settle gains or losses based on real-world asset performance. The platform removes the need for counterparties and associated middlemen fees by virtualizing assets. Morpher launched in 2020 and reports north of 50,000 active monthly users and more than one million settled trades. With new funding, the company plans to add new markets, further decentralize the protocol, and ramp up platform usage with a focus on user acquisition in emerging markets. Martin Froehler is the company's CEO.

Total raised

$6M

Funding rounds

1

Latest round

Series A

Latest activity

Feb 2022