Three years ago, Turnkey started with a simple but ambitious goal: to create an open infrastructure layer for crypto, one that developers could build on directly rather than reinventing themselves. From the beginning, that meant providing developer-friendly embedded wallets and onchain automation, designed to give builders the freedom to create the products they want while maintaining strong security guarantees and the ability to scale.
As we say goodbye to 2025, Turnkey has come a long way towards accomplishing this mission. Today, many of the world’s fastest-growing companies working on AI agents, DeFi, payments, consumer applications, and more are using Turnkey.
Across our customer base, our infrastructure has been used to create millions of secure, non-custodial wallets that hold billions of dollars in assets. No seed phrases. No confusing UX. Just seamless onboarding.
The following are highlights from last year, showing the customers, products, and recognitions that have positioned Turnkey to continue to grow and build the foundation for the next generation of crypto applications.
Teams solving wallet infrastructure with Turnkey in 2025
Over the last year, Turnkey has added new customers and deepened partnerships with teams building across crypto, from mobile trading to discovery platforms. By removing the complexity of wallet infrastructure, key management, and onboarding, Turnkey enables these teams to ship secure, non-custodial wallets in weeks instead of months, allowing them to stay focused on innovation and scale.
Here are a few of our customers and the challenges they’re solving using Turnkey:
True Markets: DeFi onboarding without friction
True Markets wanted to deliver the speed and familiarity of centralized finance without sacrificing the self-custody and transparency of DeFi, but wallet complexity and security risk made building in-house impractical. Turnkey enabled the team to ship secure embedded wallets with familiar onboarding, delivering a seamless hybrid trading experience without added engineering overhead.
Read True Market’s Story.
Axiom: Global trading with built-in compliance
As a global DeFi trading platform, Axiom needed to scale quickly while meeting strict compliance and security expectations. Building compliant, non-custodial wallet infrastructure in-house would have slowed down their lean team. Turnkey provided compliance-ready wallet infrastructure with strong security controls, allowing Axiom to scale fast while staying focused on product growth.
Moonshot: Building a million wallets without rebuilding infrastructure
Moonshot wanted instant, intuitive onboarding for a mass-market trading app, but wallet complexity threatened to stall growth. With Turnkey’s embedded wallets, Moonshot now powers millions of self-custodial wallets with seamless email and 2FA onboarding, enabling instant wallet creation, high uptime, and rapid scale without added engineering overhead.
Spectral Labs: Enabling autonomous onchain AI agents
Spectral Labs needed AI agents that could act autonomously onchain without compromising user control or security. Turnkey-enabled secure agent wallets with policy-controlled signing, allowing Spectral to power autonomous execution while staying focused on its AI vision.
Read Spectral Lab’s story.
Legend Labs: Embedded wallets for a DeFi superapp
Legend Labs set out to build a DeFi superapp spanning trading, lending, and stablecoin flows. Turnkey’s embedded wallet infrastructure gave them production-ready key management and transaction signing out of the box, enabling a unified DeFi experience without added complexity.
Mural Pay: Simplifying stablecoin payments for global businesses
Mural Pay set out to make cross-border stablecoin payments feel like modern fintech, but wallet complexity and onchain friction slowed adoption. Turnkey enabled familiar onboarding, fast wallet creation, and low-latency stablecoin flows, allowing Mural Pay to serve a broader set of users without compromising security or operational control.
Read Mural Pay’s story.
New product capabilities that support secure, real-world use cases
The Turnkey team shipped more than 15 new major capabilities in 2025, all focused on making it easier for teams to build and scale production-grade crypto applications. These improvements translate directly into better secure key management, faster wallet creation, lower operational overhead, and greater flexibility.
These capabilities include:
1. Embedded wallets and SDKs
- Turnkey’s new Embedded Wallet Kit packages all key wallet functionality into a single SDK you can drop into your app. It supports flexible login options (like passkeys and social auth) and eliminates backend complexity. This speeds development and delivers a smooth, native user experience.
- The React Native SDK consolidates embedded wallet and transaction automation capabilities into a single package for mobile development with React Native. This simplifies integration and reduces boilerplate across platforms. Developers can ship secure wallet features faster with familiar tooling.
- Kotlin updated SDK offers native APIs for wallet creation, signing, and key management tailored for Android development. By integrating directly into Kotlin applications, it enables secure onchain functionality using familiar language patterns and native tooling.
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2. Policy engine and transaction control
- ABI and IDL support allows for decoding smart contract calls with full visibility and control inside policy logic. This lets developers enforce intent-level rules based on structured contract data without writing custom parsers. It simplifies policy development and strengthens transaction gating.
- The TRON policy engine extends programmable controls and transaction parsing to TRON-based assets and smart contracts. This helps builders enforce intent and guardrails at signing time across a broader set of chains.
- Bitcoin parsing adds first-class support for structured Bitcoin transaction data in its policy engine and signing stack, so apps can interpret and enforce intent on Bitcoin flows. This helps developers build Bitcoin-aware features with the same policy-driven guarantees they get on other networks.
3. Ethereum and smart transaction support
- Support for EIP-4844 and EIP-7702 unlocks cheaper execution and richer transaction semantics. This gives developers access to newer protocol features without custom signing logic. It ensures your infra stays compatible with evolving Ethereum UX expectations.
- EIP-712 typed data signing support gives developers a standardized, structured way to handle off-chain interactions with verifiable intent. This enables more sophisticated UX patterns like meta-transactions or delegated flows while preserving security and auditability. Developers get stronger control over off-chain logic without compromising trust.
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4. Payments, onramps, and value movement
- Coinbase onramps can now directly be integrated into apps, letting users buy crypto without redirects, embedded modals, or third-party UIs. This native onramp simplifies the funding experience and keeps users in your secure session flow. It also supports multiple payment methods across countries, driving better conversion and retention.
- MoonPay onramps also lets users purchase crypto directly inside applications, removing the need for iframes or redirects. By keeping the funding flow in-app, developers maintain control of the user session and wallet logic. This improves UX and reduces drop-off during onboarding.
- Simplified swaps and bridging make it easy to integrate swap and cross-chain transfer flows from partners like 0x, Jupiter, and Li.Fi directly into applications without building and maintaining custom routing logic. This lets users execute swaps or move assets across chains within native UX while preserving Turnkey’s security and policy controls. The result is smoother value movement, higher conversion, and fewer external redirects for users.
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5. Yield and capital efficiency
- Turnkey x Breeze Native yield lets developers embed native yield opportunities (like on SOL, USDC, or LSTs) directly into wallet experiences, so users earn yield without leaving their app. This adds a financial primitive that enhances user engagement and monetization. It’s also integrated securely with Turnkey’s core policy and signing layers.
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6. Session management and app reliability
- Turnkey’s IndexedDB support improves how web sessions persist so users stay signed in more reliably, even across reloads or site interruptions. By eliminating fragile iframe setups and combining stronger session storage with verifiable sessions and better authentication, it creates a smoother experience for end users and fewer unexpected login interruptions.
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7. Core platform and verifiability
- Verifiable wallets let developers cryptographically prove that wallets are created exactly as intended inside secure enclaves, using the code they reviewed. This reduces security risk, simplifies audits, and gives users stronger, provable trust in applications.
- Verifiable policy decisions provide cryptographic proof that policy evaluations and enforcement happened exactly as defined, inside secure execution environments. This adds transparency, enhances security guarantees, and makes it easier to audit and trust access and transaction controls.
- Turnkey Verifiable Cloud (Private Beta) brings cryptographic proof and verifiability beyond wallets and policies to the broader infrastructure layer, so critical operations can be independently verified rather than assumed. This increases transparency, strengthens security guarantees, and simplifies compliance and audit requirements for complex crypto applications.
Funding and recognition that reflect Turnkey’s growing market trust
In 2025, Turnkey reached two company-defining milestones that reflected both strong market conviction and growing industry recognition.
First, Turnkey raised a $30 million Series B led by Bain Capital Crypto, with continued support from Sequoia Capital, Lightspeed Faction, Galaxy Ventures, Wintermute Ventures, and Variant.
This round was a clear signal that secure, verifiable wallet infrastructure is becoming foundational to the next generation of crypto applications. The funding enabled Turnkey to accelerate product development, expand support across chains and platforms, and invest deeply in verifiability, policy enforcement, and developer tooling, areas that become increasingly critical as wallets move from manual use to continuous, automated operation.
Second, Turnkey was named to CNBC’s 2025 World’s Top Fintech Companies list, which highlights the most innovative private companies shaping the future of financial services.
This recognition underscored Turnkey’s growing role at the intersection of crypto infrastructure and modern fintech, where expectations around security, reliability, and user experience are converging.
For teams building on Turnkey, this external validation reinforces that the infrastructure they rely on is not only technically sound but also trusted and recognized at an industry level. Together, these milestones reflect Turnkey’s transition from early-stage infrastructure provider to a core platform supporting production-grade crypto applications at a global scale.
New resources to build the next generation of crypto applications
Turnkey is committed to giving developers the resources they need to understand, evaluate, and confidently build on modern crypto infrastructure. In 2025, we introduced several foundational resources designed to make complex concepts more accessible and to provide deeper transparency into how Turnkey works under the hood.
Turnkey whitepaper: In January 2025, we published the Turnkey whitepaper, outlining the company’s long-term vision and the architectural decisions behind it. The paper walks through Turnkey’s foundations, provides an engineering-focused tour of the system as it operates in production today, and explores how Turnkey’s approach extends beyond traditional key management to support more advanced, programmable wallet use cases.
TEE ebook: This resource breaks down how Trusted Execution Environments can be used to secure wallet operations by isolating keys and critical logic inside hardware-backed enclaves. It explains why this isolation matters, how it reduces the attack surface compared to traditional approaches, and what developers should consider when designing systems that rely on secure enclave execution.
Verifiability explained: The Verifiability Explained ebook introduces the concept of cryptographic proof as a core infrastructure primitive. It details how verifiability ensures confidence in every transaction by allowing developers and users to independently confirm that sensitive operations are executed exactly as intended. This resource helps teams understand how verifiability strengthens security, simplifies audits, and increases trust in production systems.
Turnkey: Building for the builders of the next era of finance
Looking ahead to 2026, Turnkey remains focused on the same core principle that guided its founding: giving builders reliable, production-grade crypto infrastructure.
As crypto applications continue to mature, wallets are becoming always-on systems powering automation, payments, trading, and AI-driven execution. That shift demands infrastructure that is secure by default, verifiable by design, and flexible enough to support new use cases as they emerge.
Turnkey will continue to invest in verifiability, policy-driven controls, and developer-first tooling, while expanding support across chains, platforms, and real-world financial flows.
For teams building the next generation of financial applications, the goal remains simple: remove infrastructure friction, raise the security bar, and let builders focus on what they do best: shipping products that scale.
As adoption grows and expectations rise, Turnkey is committed to being the infrastructure layer that helps move crypto from experimentation to durable, global systems.
Start building with Turnkey.
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