Turnkey Launches Swaps and Earn to Expand Crypto Wallet Infrastructure
Turnkey, a crypto wallet infrastructure provider, has launched two new products—Swaps and Earn—to expand its offerings beyond basic wallet creation. These tools allow businesses to integrate in-app trading and onchain lending without building the underlying infrastructure themselves. The Swaps product supports multiple blockchain networks such as Ethereum, Base, Arbitrum, Polygon, BNB Chain, Optimism, Monad, and Solana, enabling embedded crypto trading within applications. The Earn feature connects with DeFi protocols like Aave and Morpho to offer users onchain yield opportunities through integrated vaults. Turnkey manages the infrastructure for depositing assets and processing withdrawals while allowing businesses to earn a share of generated yields. This creates recurring revenue streams tied to user deposits, aligning with the growing trend toward embedded financial services in DeFi. Turnkey has already processed over $200 billion in stablecoin transaction volume, providing a strong foundation for its new products.
Topics: crypto wallets DeFi lending platforms trading infrastructure