Crypto wallet startup Turnkey completes $15 million Series A funding, led by Lightspeed Faction and Galaxy Ventures
2024-04-23 21:05:40BlockBeatsShare to:
According to BlockBeats, on April 23, Turnkey, a wallet infrastructure company founded by former Coinbase employees, announced the completion of a $15 million Series A financing, led by Lightspeed Faction and Galaxy Ventures. Sequoia, Coinbase V Crypto wallet startup Turnkey has completed a $15 million Series A financing, led by Lightspeed Faction and Galaxy Ventures, Alchemy, Figment Capital and Mirana Ventures also participated in this round of investment, which was completed in October last year. Turnkey was co-founded by Jack Kearney and Bryce Ferguson, who were involved in building Coinbase's custody service. The company aims to provide user-friendly blockchain wallet building tools for application developers. Turnkey's product suite was released to the public in August last year. Turnkey CEO Bryce Ferguson said the company provides a secure, flexible and scalable wallet infrastructure that developers can use to develop wallets or crypto transactions. Turnkey's main customers include blockchain development platform Alchemy, and Mural wallets for enterprise services. Individual users can also use Turnkey to sign transactions. Ferguson emphasized that Turnkey's wallet infrastructure is built from scratch, allowing the generation of key pairs and providing a large number of tools to manage key access. This round of financing will help Turnkey accelerate its development and better serve the growing Web3 developer community.Introduction To Crypto
a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography.All
| | Price | Price Change (24h) | Trading Volume (24h) | Market Cap |
|---|
| BTC | $61,775.91 USD | +4.36% | $31,533,132,809.54 USD | $1,216,583,187,051.94 USD |
| ETH | $3,079.15 USD | +2.83% | $12,705,232,706.54 USD | $369,787,481,001.84 USD |
| GARI | $0.01838 USD | +22.94% | $2,886,128.72 USD | $5,235,565 USD |
| SOLX | $0.1891 USD | +11.53% | $1,561,002.48 USD | $0 USD |
| MLN | $15.78 USD | +10.97% | $581,483.51 USD | $21,896,691 USD |
Disclaimer: The information provided in this section doesn't represent any investment tips or Bi123.co's official position.
A valuable blockchain information and data platform
