On-chain liquidity distribution protocol Turtle has successfully raised $5.5 million in a new funding round, increasing its total capital to $11.7 million. The funds will be allocated towards expanding Turtle's engineering team and enhancing its DeFi yield-earning product infrastructure. Additionally, the project aims to strengthen integrations across various blockchain ecosystems. The funding round saw participation from notable institutional investors, including GSR, FalconX, Anchorage VC, and founders from Polygon, 1inch, and Gnosis.
Turtle Secures $5.5 Million to Enhance DeFi Yield Infrastructure
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