Turnkey Raises $30M to Build Crypto Infrastructure Layer

Turnkey Raises $30M to Build Crypto Infrastructure Layer
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Turnkey, a crypto infrastructure startup founded by ex-Coinbase Custody builders, has secured $30 million in a Series B round led by Bain Capital Crypto. The funding aims to develop an open infrastructure layer for the crypto industry, mirroring the internet’s evolution.

  • Turnkey's $30M Series B round was led by Bain Capital Crypto, with total funding now at $50M.
  • The company provides secure wallet infrastructure, removing the need for phishable seed phrases.
  • Clients include major crypto platforms like Polymarket, Magic Eden, and Alchemy.
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