PANews reported on May 12 that according to Cointelegraph, Turtle Club, headquartered in Zurich, Switzerland, announced on May 12, 2025 that it had completed a $6.2 million seed round of financing to advance its on-chain liquidity distribution protocol. The financing was led by THEIA, with participation from SIG, Consensys, Laser Digital, and Ethereum co-founder Joseph Lubin as angel investors. Since its launch in March 2024, Turtle Club has integrated 51 protocols, activated a total of more than $2.3 billion in liquidity, and registered 315,000 wallets.