Coinbase vets raise $30 million for crypto wallet startup Turnkey

Turnkey, a crypto wallet infrastructure startup founded by Coinbase alumni Bryce Ferguson and Jack Kearney, has raised $30 million in Series B funding led by Bain Capital Crypto. The company offers developer-friendly APIs for creating and managing wallets, serving clients like Magic Eden, Polymarket, and Bridge. Turnkey plans to expand its team and scale operations as transaction volume surges, positioning itself as a key player in crypto infrastructure.

June 9, 2025