TRM Labs Secures $70M Series C Led by Blockchain Capital, Lifting Valuation to $1 Billion

TRM Labs, a San Francisco-based blockchain analytics provider, has closed a $70 million Series C round led by Blockchain Capital, bringing the company’s valuation to $1 billion. The funding, confirmed by TRM’s global head of policy Ari Redbord, will be used to expand its AI-driven compliance and investigative tools and to grow its global team.