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Turnkey Secures $12.5M

Recently funded · $12.5M UnknownTechnology, Information and MediaUSView source

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The team that scaled Coinbase Custody past $100B in assets has secured $12.5M for their new venture, Turnkey. The startup provides secure, scalable, and programmable crypto infrastructure, focusing on embedded wallets and onchain transaction automation with its low-level wallet primitives.

This capital infusion comes from a notable group of investors, including Sequoia, Bain Crypto Capital, Lightspeed Faction, Galaxy, and Coinbase Ventures. Turnkey's infrastructure is already trusted by a growing list of platforms, from Moonshot and Alchemy to Magic Eden and Zora.

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