Crypto startup Turnkey closed a $7.5 million seed round led by Sequoia Capital with participation from Variant and Coinbase Ventures.
The company, founded by a team of former Coinbase Custody executives, has now launched a private beta of Turnkey, a secure private key infrastructure purpose-built for crypto developers. Turnkey is aiming itself as a developer-first tool that allows users to "generate hundreds of wallets and sign thousands of transactions across any chain, all with flexible, programmable permissions to ensure you only sign what you want."