Crypto wallet infrastructure Turnkey secures $12.5 million in strategic funding

Foresight News reports, according to CoinDesk, that Turnkey, which focuses on providing wallet and key management infrastructure for cryptocurrency applications, has raised $12.5 million in a strategic funding round, bringing its total funding to over $65 million. Major investors include Archetype, Circle Ventures, and Sequoia Capital. The new funds will mainly be used for the development and public release of Turnkey Verifiable Cloud, a secure computing product for digital assets.