Turnkey, a crypto wallet and key management infrastructure company, announced a $12.5 million funding round on May 14 with backing from Circle Ventures, Sequoia Capital, Archetype, Bain Capital Crypto, Lightspeed Faction, Galaxy Ventures, and Variant. The company previously said the financing brought its total funding to more than $65 million and that the capital will support the development and public launch of Turnkey Verifiable Cloud.