ME News reports that on September 9 (UTC+8), blockchain analytics firm TRM Labs, which completed a $70 million Series C funding round in September last year at a $1 billion valuation, has recently received additional investment from existing investors, doubling its valuation to $2 billion. TRM Labs CEO Esteban Castano stated that the company’s business has expanded beyond blockchain forensics to broader cybercrime tracking, with AI serving as a second growth engine rather than a business transformation—its core cryptocurrency business continues to grow strongly. The company is set to officially launch its new investigation platform in November, specifically designed to identify AI-driven financial fraud (such as deepfake scams) and assist law enforcement in combating rising crimes enabled by AI, including sexual extortion and child sexual abuse. As of early September, TRM Labs employed approximately 500 people and maintained offices in London, Singapore, and Washington. (Source: Foresight News)
TRM Labs Secures Additional Funding, Valuation Doubles to $2 Billion
KuCoinFlashShare
Summary
TRM Labs, a blockchain analytics firm, has secured new project funding from existing investors, pushing its valuation to $2 billion. The firm previously raised $70 million in a Series C round in 2023. TRM plans to launch a new investigation platform in November, targeting AI-driven financial fraud and AI-assisted crimes such as child abuse and extortion. The company’s CEO stated that AI is now a key driver alongside core crypto intelligence operations. As of early September 2026, TRM has approximately 500 employees and offices in London, Singapore, and Washington.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.