ChainCatcher news, according to CoinDesk, wallet developer Turnkey, co-founded by two former Coinbase employees, has completed a $15 million financing round, led by Lightspeed Faction and Galaxy Ventures, with participation from Sequoia Capital, Coinbase Ventures, Alchemy, Figment Capital, and Mirana Ventures.It is reported that the Turnkey product suite was publicly launched last August, with its main client being the blockchain development platform Alchemy.

ChainCatcher news, the encryption infrastructure Turnkey has completed a $7.5 million seed round financing, with participation from Sequoia Capital, Variant, and Coinbase.It is reported that Turnkey was founded by a team of former Coinbase Custody executives to provide the infrastructure for the crypto industry, which sees trillions of on-chain transactions. Its goal is to become the tool of choice for developers, allowing users to "generate hundreds of wallets and sign thousands of transactions on any chain." (The Block)