en Hamburg, November 24, 2025 — coinIX has invested around 150,000 USD in Turtle Club, a leading platform for the efficient distribution of decentralized liquidity. Since its launch in March 2024, Turtle has rapidly evolved into Web3’s largest liquidity hub, with more than 358,000 connected wallets and over 5.5 billion USD in liquidity routed to partner protocols.
Turtle is building the infrastructure that determines how liquidity moves across Web3. As the first Liquidity Distribution Protocol, Turtle connects capital and protocols through a transparent, data-driven coordination layer. This layer curates opportunities, consolidates liquidity, and distributes it efficiently across a growing partner network. The approach introduces structure into a fragmented market and provides a reliable, verifiable solution for capital providers and protocols.
“Liquidity is the foundation on which everything else operates,” says Essi Lagevardi gevardi, CEO of Turtle. “For far too long, it has been opaque, fragmented, and costly. We are making liquidity programmable — transparent, efficient, and coordinated — so that protocols can sustainably attract capital and capital providers can deploy it with confidence.”
Exclusive Benefits for Members
Members gain access to specialized liquidity offerings designed to enhance yields and benefit from the growth of partner protocols. The governance framework ensures fair collaboration between developers, liquidity providers, auditors, and other participants. Every offering undergoes a thorough review, allowing members to invest securely while maintaining full control over their assets. Membership is open to everyone — not only institutions or accredited investors.
Strong Investor Base
In May 2025, Turtle closed a 6.2 million USD seed round led by THEIA, with participation from Susquehanna (SIG), Consensys, Selini, RE7 Capital, Trident Digital, Bodhi Ventures, Triton Liquid, AUROS Global, and others. Notable angel investors include Ethereum co-founder Joseph Lubin, Wintermute co-founder Yoann Turpin, and Ryan Fang of Ankr. Another financing round followed in October 2025, adding 5.5 million USD and bringing total investment to 11.7 million USD.
coinIX and Turtle
“Turtle is a fundamental building block for scalable DeFi infrastructure. Its technological innovations, combined with strong user and capital growth, demonstrate enormous market potential,” says Moritz Schildt, CEO of coinIX.
Through this strategic investment, coinIX supports a DAO-based model that provides early access to tokens and governance rights. Turtle is not only building a DeFi ecosystem, but also fostering sustainable, cooperative liquidity solutions across Web3 — a crucial component for the future of the DeFi landscape.
“Liquidity is the backbone of every on-chain system,” adds Lagevardi. “Our goal is to make it efficient, programmable, and fair. The partnership with coinIX strengthens our mission to align the incentives of liquidity providers, developers, and protocols within a shared, transparent framework.”
For coinIX, this investment is part of a long-term strategy to support forward-looking infrastructure networks that deliver both technological differentiation and clear value within the DeFi sector.
About coinIX Capital GmbH
Since 2017, coinIX Capital GmbH, headquartered in Hamburg, has been at the forefront of analyzing blockchain projects and cryptocurrencies, facilitating investments in this dynamic sector. Comprising specialists with extensive experience in asset management, venture capital, and cutting-edge technology analysis, the coinIX team manages a portfolio boasting over 20 investments in blockchain startups alongside crypto assets. Shares of coinIX GmbH & Co. KGaA are listed on the free market of the Düsseldorf Stock Exchange and are also traded on the Berlin and Munich stock exchanges.
About coinIX COINVEST SCI1
Launched in June 2022, coinIX COINVEST SCI1 is an open domestic special AIF under the KAGB. As a sub-portfolio of coinIX COINVEST Investment Stock Corporation with variable capital, its assets are managed by coinIX Capital GmbH, acting as a registered capital management company. Available for subscription by professional or semi-professional investors, the fund has the flexibility to invest up to 100% of its capital in crypto assets, aiming for a diversified portfolio of digital assets actively managed through ongoing selection processes. Additional income streams are generated through staking and other blockchain-native mechanisms. With the ISIN DE000A408Q55, subscriptions to the fund are only available directly through the investment company, with private investor acquisition prohibited.