What is Turtle?
Headquartered in Zug, Switzerland, Turtle.xyz operates as an on-chain liquidity distribution network. The protocol is designed to bridge the gap between liquidity providers and protocols requiring capital, aiming to combat liquidity fragmentation and enhance efficiency within the decentralized finance ecosystem. By fostering a more sustainable environment, Turtle enables protocols to attract necessary capital while providing liquidity providers with increased confidence in asset deployment.
How much funding has Turtle raised?
Turtle has raised a total of $5.5M across 1 funding round:
Unspecified
$5.5M
Unspecified (2025): $5.5M with participation from FalconX, Bitscale Capital, SNZ, and Varys Capital
Key Investors in Turtle
FalconX
FalconX is a cryptocurrency brokerage and digital asset trading platform specializing in blockchain, cryptocurrency, and fintech, established in 2018.
Bitscale Capital
Bitscale Capital operates within the Venture Capital & Private Equity industry, employing between 10 to 19 individuals and generating revenue between $500K to $1M.
SNZ
SNZ Holding actively seeks and supports promising blockchain projects, believing in its potential to revolutionize technology and human history, participating as a supporting node and offering business implementation services.
What's next for Turtle?
The recent major strategic investment signals a pivotal phase for Turtle as it scales its operations and expands its reach within the DeFi sector. This capital infusion is expected to accelerate the development of its liquidity distribution network, potentially leading to enhanced protocol integrations and broader adoption. Turtle's focus on addressing liquidity inefficiencies positions it to capitalize on the growing demand for robust DeFi infrastructure, suggesting a future centered on strategic partnerships and technological advancement to solidify its market presence.
See full Turtle company page