Turtle Secures $5.5 Million in Strategic Funding on October 20, 2025

According to media reports, Turtle raised $5.5 million in strategic funding on October 20, 2025. Notable investors participating in this round include SNZ Holding, GSR, Anchorage, Flowdesk, Amber Group, FalconX, Fasanara Capital, Varys Capital, Relayer Capital, and coinIX. Following this financing, Turtle’s total funding has reached $11.7 million.Turtle is a liquidity allocation protocol that operates without smart contracts, focused on aligning the interests of key participants in the DeFi ecosystem, including liquidity providers (LPs), developers, venture capital firms, security auditors, and miners. Through innovative incentive mechanism design, Turtle aims to balance the interests of all parties within the DeFi space and promote healthy industry development.In the days immediately following the completion of this funding round, Turtle rapidly expanded its market presence. On October 21, 2025, Turtle joined the Binance HODLer airdrop campaign, offering BNB airdrop rewards to holders. Subsequently, BitMart officially listed the Turtle (TURTLE) trading pair on October 22, 2025. On the same day, Binance Alpha launched the Turtle airdrop claim event with a minimum claim threshold of 220 points. On October 23, 2025, Turtle was officially listed on major exchanges and introduced multiple trading services, marking a further enhancement of its market strategy. Previously, Turtle completed a $6.2 million seed round in May 2025 and officially launched trading in September 2025.