Turnkey Raises $15M Series A to Revolutionize the Crypto User Experience
New York, NY, April 23rd, 2024 Turnkey, the leading provider of secure, flexible, and scalable wallet infrastructure for crypto developers, announced today that it has raised a $15 million Series A funding round. The round was led by Lightspeed Faction and Galaxy Ventures, with participation from Sequoia, Coinbase Ventures, Alchemy, Figment Capital, and Mirana Ventures. Before a user can do anything onchain, they must jump through a series of hoops: download a browser extension, write down their seed phrase, and figure out how to approve a transaction for the first time. With all these onboarding hurdles, it’s nearly impossible to