Morph Raises $19M to Build Scalable Layer-2 Ethereum Platform for Consumer Apps

• Morph raises $19M seed round led by DragonFly Capital to build layer-2 Ethereum platform for apps • Uses optimistic and zero-knowledge rollups to offer scalability, security and decentralization • Focused on easy onboarding for developers building consumer apps like finance, gaming and social media • First layer-2 chain on Ethereum with decentralized sequencer for transparency • Additional investors include Pantera, Spartan Group, MEXC, Bitget, plus $1M angel round