Apollo Global Management (NYSE: APO) is accelerating its push into crypto and decentralized finance (DeFi) through a new agreement with the Morpho Association, the organization behind the Morpho lending protocol. The $938 billion asset manager has signed a cooperation deal that allows Apollo and its affiliates to acquire up to 90 million MORPHO governance tokens over the next four years, positioning the firm as a potential major stakeholder in the decentralized lending platform.