Jinse Finance reported that the on-chain liquidity allocation protocol Turtle has announced the completion of a $5.5 million funding round, with participation from institutions such as Bitscale VC, Theia, Trident Digital, SNZ HOLDING, GSR, FalconX, and Anchorage VC. To date, its total funding has reached $11.7 million. The new funds will support the development of its Web3 liquidity infrastructure and the expansion of its liquidity distribution network.