Turnkey Raises Capital for Verifiable Cloud Development in Digital Assets
Turnkey, a security-focused platform for digital asset operations, has secured new funding to advance its Verifiable Cloud product. The capital will primarily fund the development and public launch of Turnkey Verifiable Cloud, a secure computing solution designed for digital assets. This product aims to provide enhanced security and verifiability for blockchain-based operations. The investment underscores growing demand for infrastructure that ensures trust in digital asset handling. Turnkey's Verifiable Cloud leverages hardware-backed attestations and cryptographic proofs to allow customers to verify the integrity of their operations. The company plans to use the funds to expand its engineering team and accelerate go-to-market strategies. The funding round includes participation from leading venture capital firms in the crypto security space.
Key facts
- Turnkey raises capital primarily to develop Verifiable Cloud for digital assets.
- Verifiable Cloud uses hardware attestations and cryptographic proofs for security.
- Funding will expand engineering team and accelerate public launch.