CoinDesk reported that cryptocurrency security and custody company Turnkey raised $12.5 million through a strategic investment round. With this investment, Turnkey's cumulative investment raised has exceeded $65 million. Archetype, Circle Ventures, Bain Capital Crypto, Lightspeed Faction, Galaxy Ventures, Sequoia Capital, and Variant participated in the investment. The investment funds will be used for in-house infrastructure development.
