The CEO of Morpho published an article today where he spoke highly of the company. Among the real advantages, he emphasized that there are no shares, no dividends, and no conflicts of interest — Morpho is purely a token project with no one else behind it, just the DAO.

🔄 Legal and structural reorganization:
Morpho Labs SAS (a French company) is becoming a 100% subsidiary of Morpho Association (a non-profit).
Just like Morpho Labs Inc. (USA), this is being done so the DAO can operate through legal entities.
The association can’t have shareholders, can’t be sold, and can’t distribute profits — everything is directed solely toward growing the network.
The goal is to ensure that all entities and developers are aligned with MORPHO token holders.