#TRMLabs Hits $1 Billion Valuation With $70M Round


#Blockchain intelligence platform TRM Labs has closed a $70 million Series C funding round at a $1 billion valuation, achieving unicorn status as demand surges for tools tracking illicit crypto activity. The round was led by seed investor Blockchain Capital, with participation from Goldman Sachs, Bessemer Venture Partners, Brevan Howard Digital, Thoma Bravo, Citi Ventures and Galaxy Ventures.


The San Francisco-headquartered company provides software tracing transactions across blockchains to help customers identify suspicious activity, assess risk, and support investigations. Founded in 2018, TRM serves government agencies, regulators, exchanges, and financial firms using #crypto rails for payments and settlement. The platform defends against illicit activities that increasingly rely on automation.


TRM co-founder and CEO Esteban Castaño said the company builds AI for problems with real consequences for public safety, financial integrity, and national security. The funding allows the team to innovate alongside institutions on the front lines of the most consequential threats and expand AI's potential to improve how critical systems are protected.


The $70 million round shows capital flowing into blockchain analytics platforms that combat #AI-fueled scams and cyberattacks, including from large traditional institutions. Law enforcement agencies and financial institutions are facing a sharp rise in #crypto-enabled fraud, sanctions evasion, and illicit finance. TRM emphasized plans to combat AI-enabled scams that have become a key driver of demand for advanced blockchain intelligence.

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February 04, 2026 at 8:06 PM