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Turnkey Raises $15M Series A Funding to Expand Wallet Infrastructure for Crypto Developers

Turnkey Raises $15M Series A Funding to Expand Wallet Infrastructure for Crypto Developers

CointimeCointime2024/04/29 12:07
By:Cointime

New York-based Turnkey has secured $15m in Series A funding led by Lightspeed Faction and Galaxy Ventures, with participation from Sequoia, Coinbase Ventures, Alchemy, Figment Capital, and Mirana Ventures. The company, founded by the team behind Coinbase Custody, offers a wallet infrastructure that enables developers to build anything that involves a wallet or cryptographic transaction. Turnkey plans to use the funds to expand operations and development efforts, and has already integrated with companies including Alchemy, Dynamic, Goldfinch, Halliday, Thunder Terminal, and Kinto. The product suite offers embedded and smart wallet services, biometric passkey logins, and seamless onboarding experiences for users.

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