Turnkey raises $30M for crypto open infrastructure layer

Turnkey's Funding and Goals: Turnkey, a crypto infrastructure company, raised $30 million in a Series B funding round led by Bain Capital Crypto, bringing its total funding to $50 million. The company aims to create an open infrastructure layer for crypto, enhancing wallet security and scalability in digital finance.

Growth of Blockchain Infrastructure: The blockchain infrastructure sector is experiencing significant investment growth, with projections indicating the market could reach $221.4 billion by 2034. This rise is attributed to increasing mainstream acceptance of digital assets and potential applications beyond crypto, such as supply chain management and disaster recovery.