Turnkey, a New York-based crypto wallet startup founded by former Coinbase employees, has secured $30 million in a Series B funding round led by Bain Capital Crypto, with participation from notable investors like Sequoia Capital and Galaxy Ventures. The funding will enhance Turnkey’s modular infrastructure and support open-source initiatives, reflecting a shift in the crypto market towards essential infrastructure development that facilitates mainstream applications. As traditional finance increasingly integrates crypto capabilities, Turnkey positions itself as a bridge, addressing the challenges faced by crypto startups in accessing banking services while aiming to simplify user experiences through its wallet solutions.