Turnkey has launched Swaps and Earn, enabling companies using its custody and security services to offer in-app cryptocurrency swaps and on-chain yield products. Companies can set a fee on each swap and receive that revenue in USDC, while Earn allows them to retain a portion of the yield generated from customer deposits. The launch expands Turnkey's developer infrastructure beyond custody into embedded transaction and yield products. Its platform also supports Galaxy Digital's curated vaults, Yield.xyz for yield access and 0x for token swaps. Galaxy's Curator vaults, launched on July 16, 2026, use the Morpho lending protocol and are divided between a Quality Vault focused on capital preservation and an Enhanced Vault targeting higher yields with greater risk. Galaxy had distributed the vaults to more than 2,400 institutional clients through Fireblocks Earn and reported nearly $300 million in loan originations through its Galaxy Onchain Financing Rate by Q2 2026. Turnkey, founded by former Coinbase Custody executives, has raised more than $65 million, including a $30 million Series B in June 2025 and a $12.5 million strategic round in May 2026.