TechFlow news, October 20 — According to GLOBE NEWSWIRE, Turtle, an on-chain liquidity distribution protocol, has raised $5.5 million in a new funding round, bringing its total funding to $11.7 million. This latest round saw continued investment from Bitscale VC, Theia, and Trident Digital, with institutional participation from SNZ HOLDING, GSR, FalconX, Anchorage VC, Fasanara Capital, NRD, Tower 18 Capital, Varys Capital, Relayer, Coinix, Flowdesk, Wise3, JPEG, Reflexive, Amber, Gami Capital, and Wise3 Ventures. The project is also backed by the founders of Polygon, 1inch, Gnosis, and Altlayer.
Turtle CEO Essi Lagevardi said: "Liquidity is the infrastructure that powers everything. We're making liquidity programmable—transparent, efficient, and coordinated."
