Morpho Raises $175M From a16z and Paradigm to Build Onchain Credit

Onchain Crypto Card Spending Hit a Record $833M in May

Onchain crypto card payment volume reached a record $833 million in May 2026, up 180% year over year, pushing cumulative spend past $9 billion as prices fell. Read the full article: https://www.spendnode.io/blog/onchain-crypto-card-spending-record-833m-may-june-2026/

Wirex Joins Visa's Agentic Ready Program for AI Agent Payments

Wirex says it has joined Visa's Agentic Ready programme to test agent-initiated payments with consent controls. No fee or product change yet for cardholders. Read the full article: https://www.spendnode.io/blog/wirex-visa-agentic-ready-agent-payments-june-2026/

UK Regulator Moves to Let Retail Funds Hold 10% in Crypto ETNs

The FCA has proposed letting UCITS and NURS retail funds hold up to 10% of assets in crypto ETNs, the next step after lifting its retail ban in October 2025. Read the full article: https://www.spendnode.io/blog/uk-fca-retail-funds-10-percent-crypto-etn-june-2026/

Morpho Raises $175M From a16z and Paradigm to Build Onchain Credit

Lending protocol Morpho raised $175M led by Paradigm, a16z crypto, and Ribbit Capital. It already holds ~$11B in deposits and powers Coinbase and Kraken loans. Read the full article: https://www.spendnode.io/blog/morpho-175m-a16z-paradigm-onchain-credit-june-2026/

Ethena Teams With $480B Janus Henderson on Tokenized CLO Funds

Ethena has partnered with $480B asset manager Janus Henderson to allocate and distribute tokenized CLO funds, pushing structured credit onchain. Read the full article: https://www.spendnode.io/blog/ethena-janus-henderson-tokenized-clo-funds-june-2026/