Turnkey, a startup founded by former Coinbase employees, has secured $15 million in funding to develop a user-friendly blockchain wallet infrastructure, a development that could potentially shape the future of the industry. The funding round, officially announced on Tuesday, included participation from Sequoia, Coinbase Ventures, Alchemy, Figment Capital, and Mirana Ventures. “Turnkey is at its simplest level, secure, flexible and scalable wallet infrastructure,” CEO Bryce Ferguson said in an interview. “It’s this very low-level set of tools that developers can use for anything that is a wallet or touches a cryptographic transaction.”
Galaxy, Lightspeed Faction Lead $15M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees
