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, Circle Ventures, and existing investors, pushing Turnkey's total capital raised to over $65 million. Notable participants included Bain Capital Crypto, Galaxy Ventures, Sequoia Capital, Variant, and Lightspeed Faction. The funds will be allocated towards the development and public launch of Turnkey Verifiable Cloud, a secure computing platform tailored for digital assets and sensitive workloads.