Itai Turbahn is the co-founder and CEO of two technology companies that were successfully acquired by major financial and digital asset firms: Curv, a digital asset security provider bought by PayPal, and Dynamic, a web3 wallet authentication platform purchased by Fireblocks.

Education

Turbahn's academic background combines computer science with business management. He earned a Bachelor of Science (BSc) in Computer Science from Tel Aviv University between 2007 and 2010. ^{[1] [2]} Following his early career, he pursued graduate studies in the United States, attending The Wharton School at the University of Pennsylvania from 2011 to 2013, where he received a Master of Business Administration (MBA) with a focus on Finance. ^[3]​

Career

Itai Turbahn's career began in the technology and security sector before transitioning into management consulting and, ultimately, entrepreneurship. His work has consistently focused on addressing security and user experience challenges in emerging technology, particularly within the digital asset space.

His professional journey started in the Israel Defense Forces (IDF), where he served as a security researcher from 2004 to 2010. ^{[1] [2]} Following his military service, he worked as a Senior Product Manager at RSA, the security division of EMC, from 2010 to 2011. After completing his MBA at Wharton, Turbahn joined the global management consulting firm McKinsey & Company as an Engagement Manager, where he worked from 2013 to 2015. ^[2]​

In January 2016, he joined Team8, a cybersecurity-focused venture group, as the VP and Head of Business Development. This role, which he held until April 2018, involved the creation and development of new cybersecurity companies and marked his transition toward venture creation. ^[1]​

Curv

In April 2018, Turbahn co-founded his first major venture, Curv, where he served as CEO. ^[2] Curv was an institutional digital asset wallet and security company that pioneered the use of multi-party computation (MPC) technology to secure crypto assets. MPC is a cryptographic protocol that distributes a computation across multiple parties, preventing any single party from seeing the other parties' data. In the context of crypto wallets, Curv used MPC to eliminate the single point of failure associated with private keys by creating and distributing key "shares" that were used to collaboratively sign transactions without ever combining them to form a whole key. This approach provided a higher level of security for institutions managing large amounts of digital assets.

Under Turbahn's leadership, Curv established itself as a key infrastructure provider in the digital asset space. On March 8, 2021, PayPal announced its acquisition of Curv as a strategic move to expand its own initiatives in cryptocurrencies and digital assets. ^[3] Following the acquisition, Turbahn joined PayPal and served as the Head of Product for Blockchain and Digital Assets until October 2021, helping to integrate Curv's technology and team into PayPal's new business unit. ^[1]​

Dynamic

After his tenure at PayPal, Turbahn identified another major friction point in the web3 ecosystem: user onboarding and identity management. In 2021, he co-founded his second company, Dynamic, with Yoni Goldberg, who took on the role of Chief Technology Officer. ^{[4] [3]} Turbahn assumed the role of CEO, leading the company's vision to build a comprehensive developer platform for wallet-based authentication and authorization.

Dynamic's mission was to simplify the process for developers to integrate secure, multi-wallet login experiences into their applications. Turbahn often described the company's goal as building "the Stripe for wallets," aiming to create a unified identity layer for the crypto ecosystem. In an interview, he explained, "We saw an opportunity to build a developer platform that would make it a lot simpler to build a secure and seamless login experience." ^[2]​

The platform's core technology centered on a single software development kit (SDK) that allowed developers to support over 100 different crypto wallets and multiple blockchain standards with just a few lines of code. This abstracted away the technical complexities for developers, who no longer needed to build custom integrations for each wallet or chain. ^[3] Dynamic's platform also enabled features like on-chain identity management, which allowed applications to capture and utilize data such as a user's token holdings, NFT collections, and transaction history to create personalized experiences. The system operated on a non-custodial basis, utilizing security standards like "Sign-in with Ethereum" (SIWE) and never taking possession of user private keys. ^[5]​

Under Turbahn's leadership, Dynamic gained significant traction and attracted notable clients in the web3 space, including Unstoppable Domains, Flooz, BreederDAO, and the NFT marketplace Magic Eden. ^{[3] [6]} In a post from July 9, 2024, Turbahn announced that Magic Eden had fully integrated Dynamic's platform for all its authentication and user management services. ^[6]​

Funding and Acquisition

Dynamic successfully raised two major funding rounds from prominent venture capital firms.

• Seed Round: On June 9, 2022, the company announced a $7.5 million seed round led by Andreessen Horowitz (a16z). Other investors included Chapter One, Castle Island Ventures, Breyer Capital, Hypersphere Ventures, and several angel investors. ^{[2] [3]}
• Series A Round: On December 13, 2023, Dynamic announced a $13.5 million Series A round. This round was co-led by a16z Crypto and Founders Fund, with continued participation from previous investors. ^{[1] [3]}

On May 29, 2024, Dynamic announced that it was being acquired by Fireblocks, an institutional-grade digital asset custody and infrastructure platform that was already a partner and customer. ^[7] The acquisition integrated Dynamic's user-friendly onboarding tools and wallet aggregation technology with Fireblocks' secure backend infrastructure. The move was designed to create a comprehensive, "full-stack solution" for businesses and developers building in web3. Following the acquisition, Turbahn and the entire Dynamic team joined Fireblocks to continue developing their product within Fireblocks' non-custodial and Wallet-as-a-Service (WaaS) divisions. ^[1]​

In the announcement, Turbahn stated, "By joining forces with Fireblocks, we can move faster to make every wallet usable and secure for every business and developer. We are excited for this next chapter and our continued mission to accelerate the world’s transition to a tokenized economy." ^[7]​

Angel Investing and Advisory Roles

In addition to his entrepreneurial ventures, Itai Turbahn is active as an angel investor and advisor in the technology and web3 sectors. He serves as an advisor to Credix, a decentralized credit marketplace. ^[2] His angel investments include participation in a funding round for Sling on November 29, 2022, and investments in Layer 3 and the Telegram-based game EthXY. ^{[3] [8]}​

Interviews

Programmable Wallets and Financial Infrastructure #01

An interview published on June 25, 2025, on the YouTube channel SiliconANGLE theCUBE, was recorded during the theCUBE + NYSE Wired: Crypto Trailblazers event in New York City. In this interview, Itai Turbahn discussed topics related to wallet infrastructure and its role within financial and blockchain-based systems.

During the conversation, Turbahn described a shift in how crypto wallets are used, noting that they are increasingly applied beyond trading-related activities. He outlined how wallet infrastructure can function as an integration layer for financial applications, supporting account management, transaction processing, and access to blockchain networks. He referenced Dynamic, the company he co-founded, in the context of providing tools intended to reduce the technical complexity associated with blockchain wallet implementation for developers.

Turbbahn addressed the use of programmable wallets as a mechanism for automating financial processes. Examples mentioned in the interview included microtransactions, cross-border transfers, and wallets controlled by software-based agents. He characterized these features as part of broader developments in programmable financial systems, where transaction execution and settlement can be handled through predefined logic rather than manual intervention.

The interview also covered the release of stablecoin account functionality by Dynamic. According to Turbahn, this offering combines fiat-to-crypto conversion, international transfers, and wallet creation within a single software development kit. He described this approach as relevant to use cases such as digital payments, payroll systems, financial applications, and other services requiring interaction between traditional currencies and blockchain-based assets.

Throughout the discussion, Turbahn referenced changes in how companies structure financial infrastructure, noting a movement toward integrating payment, custody, and transaction capabilities directly into their platforms. Security mechanisms, including non-custodial wallet models and cryptographic key management techniques, were discussed in relation to maintaining system integrity and operational control within these implementations. ^[10]

Stable Stories: Wallet Abstraction and Onchain Payments #02

On July 21, 2025, the Eco YouTube channel published an interview featuring Itai Turbahn, co-founder and chief executive officer of Dynamic, as part of the Stable Stories series. In the discussion, Turbahn outlines his perspective on the development of stablecoins and describes the conceptual foundations behind the creation of Dynamic as a wallet infrastructure provider.

According to Turbahn, his initial contact with stablecoins occurred in the early 2010s, during their formative period. He recounts that early implementations were primarily associated with trading use cases, which influenced his initial assessment. Over time, he states that his view evolved as stablecoins became increasingly associated with programmable financial operations, contributing to the decision to pursue related infrastructure development.

From Turbahn’s account, Dynamic was established based on the assumption that a growing share of financial transactions would be executed onchain. Within this framework, wallets are described as the primary interface through which onchain value transfer occurs. The company’s products are presented as software development kits designed to integrate wallet functionality directly into applications, with the goal of reducing the need for developers to manage low-level blockchain components.

The interview also addresses changes in the company’s intended user base. Turbahn explains that Dynamic initially focused on developers with prior familiarity with blockchain systems. Over time, the scope expanded to include developers building applications for broader audiences, leading to an increased emphasis on abstracted interfaces and simplified integration processes. As an example, he references the introduction of “stablecoin accounts,” which combine wallet functionality with features such as payment cards, yield-related mechanisms, and integrated access points for converting between onchain and offchain systems.

Regulatory considerations are discussed in relation to infrastructure adoption. Turbahn notes that clearer distinctions around custody, self-custody, and compliance requirements have emerged across several jurisdictions. He states that these developments affect how financial technology companies evaluate the use of crypto-based payment rails alongside traditional financial systems.

Throughout the interview, Dynamic is characterized as operating under a software-as-a-service model, with products positioned as developer tools rather than consumer-facing financial services. Turbahn concludes that continued technical abstraction remains a central aspect of the company’s approach to supporting stablecoin-based and onchain payment systems. ^[9]

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