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Turnkey completes $12.5 million strategic financing, with Circle and Sequoia participating
Techub News reports that, according to CoinDesk, the crypto infrastructure provider Turnkey has completed a $12.5 million strategic financing round, led by Archetype, Circle Ventures, and existing investors, with participation from Sequoia Capital, Bain Capital Crypto, and others, bringing the total funding to over $65 million. The company states that the new funds will be used to develop Turnkey Verifiable Cloud secure computing products. Turnkey was founded by former Coinbase Custody employees and focuses on wallet and key management infrastructure, with clients including Flutterwave, World App, Polymarket, and Anchorage Digital.