Morph’s $150 Million Accelerator Backs Startups Scaling Real-World Payments Onchain
Summary
Morph, an Ethereum-based settlement layer focused on payments, has announced its $150 million Payment Accelerator program aimed at supporting companies that scale live, real-world transaction activity onchain. The initiative addresses the current fragmentation in payment infrastructure, despite the growing adoption of stablecoins for global commerce, which saw over $27.6 trillion in volume processed in 2024. The Accelerator offers grant funding, performance incentives, and liquidity support across multiple tracks, focusing on high-impact areas like crypto cards, cross-border remittance, and merchant payment gateways. Colin Goltra, CEO of Morph, stated that payments represent the largest immediate opportunity for onchain adoption. Eligibility requires teams to have a working MVP or live product, clear focus alignment, and operational capacity to launch measurable activity, prioritizing those with existing scale or signed pilots. Participants will gain access to production settlement infrastructure and go-to-market support, including integration with Bitget and Bitget Wallet, connecting them to over 120 million users.
(Source:BeInCrypto)