Turnkey’s Post

AI will fundamentally transform how users interact onchain. Spectral Labs is enabling the Crypto x AI revolution by enabling AI agents to act on behalf of users. But creating an onchain #AI economy also entails a secure and flexible approach to wallets. The current wallet UX in crypto hinders onchain adoption and is often cumbersome for users. AI agents have significant potential to transform this UX, and doing so requires a secure and flexible key management approach that emphasizes long-term security. To create a game-changing AI agent, Spectral has integrated Turnkey’s signing API, which offers unparalleled security and flexibility for their SYNTAX Agents to sign transactions and interact with smart contracts on behalf of an end user. With Spectral and Turnkey, SYNTAX AI agents can do the following: — Autonomously deploy and run smart contracts — Send arbitrary smart contract actions to a paymaster without third-party verification — Broadcast transactions with users in a 1:2 multisig setup Trusting your AI agent to act on behalf of you is not easy—which is why Spectral has integrated Turnkey to make this as trustless as possible. By implementing features such as fine-grained policy controls and Turnkey’s non-custodial private key setup, agents cannot access a user’s private keys, and are barred from taking specific actions by default, such as spending an entire user’s balance on a single transaction. This gives agents the autonomous ability to operate their own wallets while ensuring security and performance for the end user. For more on how Spectral is shaping the future of AI x Crypto, read Spectral's blog post here: https://lnkd.in/eAkQxUMR

INTRODUCING: Passkey Sessions! — Create expiring sessions with passkeys — Allow users to authenticate subsequent requests touch-free — Powered by an embedded API key Passkey sessions enable seamless authentication flows. When a user initiates a passkey session, they can authenticate all subsequent requests touch-free. This means a user could initiate a passkey session in your app, and subsequently execute all of the following trades within that expiring session—without additional prompts or pop-up modals. Turnkey makes this user journey seamless, secure, and flexible. Start implementing today: https://lnkd.in/eAkKiKE8

DeFi for the masses is happening — and it's happening on Tori by Utopia Labs, with non-custodial passkey wallets powered by Turnkey! — No seed phrases — Easy onramping — DeFi yields Use our invite code "TURNKEY" to get started: https://turnkey.club/tori

Our consolidated JavaScript SDK is live! This SDK upgrade simplifies interactions with our APIs, making it easier than ever for developers to integrate Turnkey. If you’re embedding Turnkey wallets into your app, this new simplified SDK is a game-changer. We’ve added powerful abstractions that make it easy to integrate wallets for your users. This release marks just one more step towards making wallets invisible – even for the developers building them! For examples of how to implement our SDK, see our docs here: https://turnkey.club/JSSDK

Powered by Turnkey: Biometric passkeys! You can implement biometric passkeys into your app so a user never has to open a pop-up modal to approve a transaction ever again. Check out how integration partners have done so below: 1. Eversify Labs' Thunder Terminal has added passkey transaction authentication for trades via Turnkey-powered embedded wallets. 2. Mural is using passkey authentication for cross-border stablecoin payments. 3. Kinto has implemented passkey-based wallet recovery for embedded wallets on their L2. Turnkey's composable authentication primitives are the way to create a seamless experience for your customers. We make biometric passkeys simple to integrate. Get started here: turnkey.club/passkeys (Or, send us a DM!)

We’re excited to announce that we’ve raised $15 million in Series A funding! 🎉 This round was co-led by Faction VC and Galaxy Ventures, with participation from Sequoia Capital, Coinbase Ventures, Alchemy, Figment, and Mirana Ventures. Thank you to our partners and supporters for embracing our vision. Two years ago, Turnkey started as a provider of secure, flexible, and scalable wallet infrastructure. Today, our core mission is to secure the open internet. Teams like Alchemy, Dynamic, and Eversify Labs' Thunder Terminal are using Turnkey’s composable on-chain primitives to build better products, without sacrificing security and scalability for convenience. Developers can create a variety of on-chain experiences, from embedded wallets to granting limited signing permission to AI agents. This new funding will enable us to double down on our efforts in developing critical primitives that bring crypto developers’ visions to life. We plan to scale our operations to meet increasing demand from builders who want to create the next generation of on-chain applications. We’ve been hard at work shipping wallet import, webhooks, and the EIP-1193-provider package — with many more exciting launches slated for the months ahead. Are you a developer interested in building on Turnkey? Get started with our free quickstart guide, join our community support Slack, or reach out to share what you’re building. And if you’re someone who wants to join us in our mission, we’re hiring. This is just the latest milestone, and we can’t wait for what lies ahead. Read more on our blog 🔗 👇 https://turnkey.club/blog

Import on Turnkey is live! You can now transfer existing wallets to Turnkey in a secure, seamless way. WHY WE BUILT THIS Turnkey's wallet infrastructure enables teams to embed non-custodial wallets into their crypto apps. But millions of crypto users and businesses already have existing wallets. Import lets you import seed phrases or private keys to Turnkey-powered wallets in a highly secure way. HOW IT WORKS One of our biggest priorities was making sure that Import is secure from top to bottom, ensuring that neither Turnkey nor any intermediaries ever have access to the wallet’s seed phrase or private key. Here’s how that works:  1. User initiates the import process through a designated page in your app, establishing a secure channel between the client and Turnkey’s secure enclaves.  2. User enters their wallet seed phrase or raw private key via an iframe containing encryption credentials that only they have access to. 3. The iframe encrypts the wallet seed phrase and transmits the resulting ciphertext over the secure channel to the Turnkey enclave. Neither Turnkey, developers in between, nor your application is ever able to read the private key in plaintext. This encryption protocol is highly unique to Turnkey — and ensures that only the end user has access to their seed phrase. WHO IS IMPORT FOR? Customers like TokenSight are already utilizing our Import functionality to improve the user experience on their self-custodial trading platform. Users can easily import their Ethereum or Solana wallets into TokenSight to take advantage of their advanced trading features. Once imported, only the user can authorize TokenSight to perform actions using their passkey, which ensures that the end user is always in control of their wallet. With the ability to both import and export private keys, Turnkey now offers more interoperability and security than ever for serious teams wanting to build web2-like experiences for their crypto application, and for teams needing to manage existing wallets internally to upgrade their background automation capabilities. More here: https://lnkd.in/e4KPB484

We're excited to work with Halliday to unify appchains! New chains in crypto are easier to deploy than ever — but fragmentation across chains remains a huge challenge. Crypto today is undeniably multichain, with a proliferation of purpose-built chains for different verticals and even specific applications. Think ZORA for NFTs, Immutable for gaming, and Syndicate's Degen Chain for the $DEGEN token. As we continue to scale, and as chains become even easier to deploy, Halliday sees a world in which millions of unique appchains exist across the crypto ecosystem. In that world, user experiences become increasingly fragmented in terms of onboarding and liquidity. How do you buy an NFT with 5 balances across 5 chains? Or onramp funds directly to a L3? Halliday saw firsthand the challenge of getting users to spend their first dollar onchain in a multichain world as they had to navigate disparate onramps, use fragmented wallets, and operate complex bridging protocols just to use an application. With its Intent Orchestration Protocol, Halliday is solving the problem of first dollar spent and asset management across rollups. Halliday's infrastructure aggregates balances across chains for purchases, swaps, and bridging, all in a single, one-click transaction. Turnkey is excited to power authentication and signing for Halliday via a multichain EOA signer. By abstracting away the challenges of managing assets across different appchains together, we're helping developers build delightful new product experiences for a multichain world. Learn more: bit.ly/3xxMHAr