Former Coinbase employees raise $30 million Series B for crypto infrastructure startup Turnkey
Description
Turnkey, a New York-based crypto wallet infrastructure startup founded by former Coinbase employees, raised $30 million in a Series B round led by Bain Capital Crypto. The company aims to scale its modular infrastructure and expand support for embedded wallets, stablecoin apps, and DeFi tools. With over 50 million wallets powered and millions of weekly transactions, Turnkey positions itself as a core player in the evolving landscape of crypto-native financial applications.
Publish date
June 9, 2025