TRM Labs valuation doubles to $2 billion as crypto crime fighter scales AI services

San Francisco-based TRM Labs, a blockchain intelligence firm, has doubled its valuation to $2 billion following an add-on funding round. The company is expanding beyond crypto tracing to combat AI-driven financial fraud, sextortion, and child abuse, and expects to reach $100 million in annual recurring revenue.

This item was produced with AI assistance under the editorial responsibility of Haydamax OÜ.