Bain Capital Crypto Leads $30M Series B Round for Crypto Wallet Startup Turnkey
Description
Turnkey, a crypto wallet infrastructure startup founded by ex-Coinbase engineers, raised $30 million in a Series B round led by Bain Capital Crypto, with participation from top firms including Sequoia and Lightspeed. The company offers APIs that simplify wallet creation and management for developers, serving clients like Polymarket and Magic Eden. Turnkey will use the funds to grow its 35-person team and expand its wallet features as crypto transactions increasingly demand speed, flexibility, and advanced functionality.
Publish date
June 9, 2025