Crypto Wallets Get a Makeover: You Won’t Believe Who’s Funding It!

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Once upon a time in the bustling land of New York, a plucky little startup named Turnkey decided to shake things up! With a whopping $30 million raised, thanks to the bigwigs at Bain Capital Crypto and a gaggle of other fancy investors like Sequoia Capital and Galaxy Ventures, they’ve now got over $50 million in their treasure chest! 💰✨

Bridging Finance and Crypto

Now, hold onto your hats, folks! The world of finance is doing a little jig with crypto, and it’s quite the sight to behold! Traditional finance giants are finally waking up and smelling the blockchain coffee. With Stripe serving up stablecoin payouts, Robinhood strutting in with a non-custodial wallet, and PayPal playing with its own stablecoin, the gap between TradFi and crypto is shrinking faster than a magician’s rabbit! 🎩🐇

“Old school custodial infrastructure might be great for buy-and-hold use cases, but it’s not the right tool for at-scale, crypto-native applications,” quipped the ever-so-wise CEO Bryce Ferguson in a blog post that had everyone buzzing. Who knew finance could be so sassy? 😏

Building for the Next Generation of Crypto Apps

Turnkey is like a wizard for developers, conjuring up modern wallet APIs and crypto key management tools that are just perfect for high-frequency, programmable finance. They’re on a mission to cater to the growing demand for apps that need wallet solutions as flexible as a contortionist! 🤸‍♂️

With this latest pile of gold, Turnkey is ready to zoom ahead, cranking up product development and expanding their merry band of tech wizards to support the next wave of crypto-native financial services. Buckle up, because the future is looking bright and a tad bit mischievous! 🚀

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2025-06-10 02:08