Turtle Secures $6.2 Million in Seed Funding on May 12, 2025

According to relevant media reports, Turtle secured $6.2 million in Seed funding on May 12, 2025. The round was backed by prominent institutions including THEIA, ConsenSys, Laser Digital, L2 Iterative Ventures, Selini Capital, Chorus One, Auros, Bodhi Ventures, Frachtis, and Moonhill Capital.Turtle is a liquidity allocation protocol that operates without smart contracts, aiming to align the interests of multiple stakeholders within the DeFi ecosystem. The project integrates key roles such as liquidity providers (LPs), developers, venture capital firms, security auditors, and miners, leveraging an innovative incentive mechanism to achieve value alignment across the ecosystem. This design philosophy contributes to the establishment of a healthier and more sustainable DeFi ecosystem.Since its fundraising, Turtle has made significant development progress. The project officially launched trading on September 30, 2025, and subsequently achieved listings on several major exchanges. In October, Turtle was listed on platforms such as BitMart and initiated multiple airdrop incentive programs on major exchanges, attracting substantial community attention. Additionally, in October 2025, the project completed a $5.5 million strategic financing round, further expanding its total funding. This demonstrates strong recognition and support from the capital markets for Turtle's development prospects.