Turnkey raises $12.5M to expand verifiable cloud infrastructure for crypto wallets
Turnkey secured $12.5 million to scale its verifiable cloud infrastructure for secure crypto wallet management and automated onchain transactions.Summary
Turnkey has raised $12.5 million in strategic funding, bringing its total capital to over $65 million, to further develop its Verifiable Cloud infrastructure. Backed by investors including Archetype, Circle Ventures, and Sequoia Capital, the company aims to support growing demand for stablecoin payments, AI agent transactions, and programmable onchain systems. The platform provides secure, policy-controlled signing and key management, allowing developers to run sensitive operations within isolated, verifiable environments that prove code execution. Currently utilized by firms like Anchorage Digital and Polymarket, Turnkey's technology aims to secure both onchain and offchain workflows through advanced cryptographic proof.
(Source：Crypto Briefing)