Turnkey, founded by former Coinbase Custody officials, has secured 30 million USD in a Series B funding round, bringing their total funding to 50 million USD.
Bain Capital Crypto led the funding with participation from Sequoia Capital and Galaxy Ventures, targeting advancements in wallet infrastructure that remove reliance on seed phrases.
Currently, less than 10% of the global population utilizes crypto, presenting significant potential for infrastructure improvements and innovation in the digital finance space.
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