Blockchain Intelligence company TRM Labs has raised $70 million in a Series B funding round, the company announced this morning. With an initial $60 million raise in December 2021, led by Tiger Global, the recent funding round took the tally to $130 million. The recent funding round was led by Thoma Bravo and attracted prominent investors, including Goldman Sachs, PayPal Ventures, Amex Ventures, and Citi Ventures. Financial institutions use TRM’s blockchain intelligence platform to track fraudulent or illegal financial activity across 23 different blockchains to help crypto firms comply wit ...
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