The most interesting number in Turtle's Q3 update is the boring one. $1.04M in revenue across Turtle and Lunar Strategy, cash in, net of intercompany. It isn't TVL, and it isn't points or incentives. It's money that arrived for services and distribution while the tools were still being built. That's what I look for in early infrastructure, a revenue line before the hype. Tokenized assets other than stablecoins sat at $46.1B on 4 November, and @turtledotxyz is building the layer that connects them to capital.
TIMAShare
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