ChainCatcher report: Crypto wallet infrastructure Turnkey has completed a $12.5 million strategic funding round, bringing its total funding to over $65 million. Major investors include Archetype, Circle Ventures, and Sequoia Capital. The new funds will be primarily used for the development and launch of Turnkey Verifiable Cloud, a digital asset secure computing product.
Turnkey Completes $12.5M Strategic Funding for Verifiable Cloud Development
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Summary
Turnkey, a crypto wallet infrastructure provider, has completed a $12.5 million strategic funding round, bringing its total funding above $65 million. Investors include Archetype, Circle Ventures, and Sequoia Capital. The capital will support the development of Turnkey Verifiable Cloud, a secure computing product focused on digital asset news. This funding announcement marks a key step in the company’s expansion plans.
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