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Ex-Coinbase Team Scores $30M Series B for Crypto Infrastructure Play—Engineering Hiring Spree Ahead

Ex-Coinbase Team Scores $30M Series B for Crypto Infrastructure Play—Engineering Hiring Spree Ahead

Author:
CoindeskEN
Published:
2025-06-09 12:21:26
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Coinbase Alum-Founded Turnkey Raises $30M Series B to Grow Engineering Team: Report

Turnkey—founded by Coinbase alumni—just pocketed a fresh $30 million to scale its crypto infrastructure tech. The Series B haul comes as institutional players keep throwing cash at anything blockchain-adjacent (whether it makes sense or not).

Engineering talent wars heat up: The funding's earmarked for aggressive team expansion. Because in crypto, when the money faucet's on, you hire first and ask 'burn rate' questions later.

Cynical bonus: Another nine-figure 'infrastructure' round while retail traders eat ramen. The institutional money printer goes brrr—just don't ask about revenue.

|Square

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