Turnkey, a cryptocurrency wallet and key management infrastructure firm, has successfully raised $12.5 million in a strategic funding round. The round was led by Archetype and Circle Ventures, with significant contributions from Sequoia Capital, Bain Capital Crypto, Lightspeed Faction, Galaxy Ventures, and Variant. This latest investment brings Turnkey's total funding to over $65 million.
The funds will be used to advance the development and public launch of Turnkey Verifiable Cloud, a digital asset secure computing product. This product is designed to offer enterprises a verifiable execution environment with features such as transaction visibility, policy governance, and agent-driven wallet activities. Turnkey's current clientele includes Polymarket, World App, and Anchorage Digital.
Turnkey Secures $12.5M in Funding Led by Archetype and Circle Ventures
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