Turnkey is a company that provides secure, scalable, and programmable crypto infrastructure for embedded wallets and on-chain transaction automation. Pulse 2.0 interviewed Turnkey VP of Revenue Ali Faivus to gain a deeper understanding of the company.
Ali Faivus’ Background
Could you tell me more about your background? Faivus said:
“I’ve spent over a decade building and scaling high-performing sales teams in hyper-growth environments. Before Turnkey, I led revenue at Headway, where we were working to make mental healthcare more accessible. I joined when the sales team was about 20 people and helped scale it to over 250 nationwide. Before that, I spent nearly six years at Uber, leading Mid-Market Sales for Uber for Business. I started my career in adtech sales.”
“Across all of those roles, the common thread has been a focus on ‘need to have’ products within disruptive industries; tools and platforms that are foundational to how people live, work, and interact. That’s exactly how I see Turnkey. I’m interested in how crypto infrastructure is quietly reshaping the global financial system and the underlying systems that make new financial experiences possible. When I met the team at Turnkey and saw what they were building, it was clear they were solving a mission-critical problem with the potential to power an entirely new category of financial applications.”
“I’m Turnkey’s first VP of Revenue, focused on scaling our go-to-market efforts across sales, partnerships, and customer success. Turnkey already powers millions of wallets and secures billions in crypto assets, and we’re just getting started! My role is to help us take the next leap, whether that’s expanding into new verticals, going deeper with fintech and enterprise partners, or building out the systems and team that will support our next phase of growth.”
Favorite Memory
I know you’ve just joined the company, but what has been your favorite memory working for the company so far? Faivus reflected:
“Honestly, there have been a lot! One of my favorite memories goes back to day one. Bryce announcing my arrival on X was such a fun way to kick things off, and a pretty perfect intro to Turnkey given his following in the space. It immediately set the tone for how low ego and fun this team is. With that, Turnkey happy hours and team events are not to be missed.”
“Some other highlights have been watching this incredibly technical team explain Turnkey’s value in a way that completely clicks for a non-crypto-native partner. There’s something special about those lightbulb moments when someone realizes they can embed secure wallets into their app with just an email login, or automate high-value crypto transactions without ever touching private keys.”
Core Products
What are the company’s core products and features? Faivus explained:
“At its core, Turnkey provides secure, flexible and scalable crypto infrastructure. We focus on three main products:
- Embedded wallets – integrate secure, custom crypto wallet experiences directly into your product.
- Transaction automation – automate complex signing workflows at scale, such as smart contract interactions and staking management.
- Turnkey Verifiable Cloud – run any code in isolated, verifiable secure enclaves powered by Turnkey’s trusted infrastructure.
This infrastructure is flexible enough to support everything from consumer wallets, to enterprise treasury ops, to AI agent trading.”
Challenges Faced
Have you faced any challenges in your sector of work recently? Faivus acknowledged:
“One big opportunity is helping enterprises move from ‘exploring crypto’ to ‘building with crypto.’ The bar is understandably high when it comes to security, compliance, and performance. They’re not looking for hobbyist tools; they need infrastructure they can trust.”
“Turnkey makes that possible. With our verifiable architecture and programmable policy controls, companies get predictability, auditability, and resilience built into the stack. That’s a game-changer when you’re dealing with sensitive workflows or regulated environments.”
Evolution Of The Company’s Technology
How is the company’s technology evolving? Could you talk about some recent launches?
“Turnkey recently launched Turnkey Verifiable Cloud, which takes our core security model and applies it beyond wallets. It removes blind trust, letting customers and third parties independently verify that sensitive operations ran exactly as intended inside isolated secure enclaves.”
“Our first live customer is Anchorage Digital, using TVC for their VisualSign product. It’s a big step forward in bringing verifiable infrastructure to more of the crypto and fintech stack.”
Customer Success Stories
Can you share any specific customer success stories? Faivus highlighted:
“A few stand out:
- Bridge (a Stripe company) uses Turnkey to power backend stablecoin flows for secure treasury management.
- Polymarket leverages Turnkey’s flexible key management infrastructure to support the world’s largest prediction market. Axiom and Moonshot use us for fast, consumer-friendly embedded wallet experiences.
- Spectral Labs uses Turnkey to manage their onchain AI agents.
These teams all needed infrastructure that’s secure, flexible, and scalable. Turnkey lets them abstract away the complexity and focus on their product.”
Funding/Revenue
Are you able to discuss funding and/or revenue metrics? Faivus revealed:
“Yes! In June 2025, Turnkey announced a $30 million Series B, bringing our total funding to over $50 million. The round was led by Bain Capital Crypto, with participation from Sequoia Capital, Lightspeed Faction, Galaxy Ventures, Wintermute Ventures, and Variant.”
Total Addressable Market
What total addressable market (TAM) size is the company pursuing? Faivus assessed:
“We think the opportunity is massive and growing. I really liked the answer our CEO gave in his recent interview. The blockchain infrastructure market today is estimated at around $30 billion. But if you zoom out to how much value moves across financial systems globally (trillions of dollars daily), the long-term potential of programmable crypto infrastructure is easily in the hundreds of billions.”
Differentiation From The Competition
What differentiates the company from its competition? Faivus affirmed:
“Turnkey offers secure, low-level crypto infrastructure that gives developers full control over their wallet experience. While many providers abstract away key management in ways that limit flexibility, Turnkey was purpose-built to support a wide range of use cases with granular policy controls, chain-agnostic support, and lightning-fast signing.”
“Our architecture is rooted in verifiable security. Every sensitive action runs inside a trusted enclave and can be independently audited. That transparency is critical for teams handling high-value transactions or operating in regulated environments. We’re not just making wallets easier to deploy, we’re enabling teams to build secure, programmable crypto products that scale with them.”
Future Company Goals
What are some of the company’s future goals? Faivus concluded:
“Turnkey’s north star is to build the foundational infrastructure that will power crypto for generations to come. As crypto becomes more embedded in everything from AI to payments to global finance, we want to ensure the infrastructure behind it is secure, flexible, and built to scale.”
“We’re focused on expanding the reach of verifiable compute, unlocking new enterprise and fintech use cases, and continuing to push the boundaries of what’s possible with embedded wallets and transaction automation. Whether it’s an AI agent executing a trade, or a financial institution moving stablecoins across borders, we want Turnkey to be the invisible infrastructure that makes it all work – fast, safely, and reliably.”
- Embedded wallets – integrate secure, custom crypto wallet experiences directly into your product.
- Transaction automation – automate complex signing workflows at scale, such as smart contract interactions and staking management.
- Turnkey Verifiable Cloud – run any code in isolated, verifiable secure enclaves powered by Turnkey’s trusted infrastructure.
- Bridge (a Stripe company) uses Turnkey to power backend stablecoin flows for secure treasury management.
- Polymarket leverages Turnkey’s flexible key management infrastructure to support the world’s largest prediction market. Axiom and Moonshot use us for fast, consumer-friendly embedded wallet experiences.
- Spectral Labs uses Turnkey to manage their on-chain AI agents.”
