TRM Labs raises $70M Series C at $1B valuation to expand AI-driven crypto compliance

Published: 2026-02-05 02:43:00 |

TRM Labs, a blockchain intelligence firm, closed a $70 million Series C round led by Blockchain Capital with participation from Goldman Sachs, Bessemer, Brevan Howard Digital, Thoma Bravo, Citi Ventures and Galaxy Ventures, valuing the company at $1 billion. TRM provides AI-driven blockchain analytics and investigation tools used by exchanges, payment firms and governments to detect financial crime, fraud and AI-enabled scams. The company reported sustained revenue growth (>150% annual growth over five years) and said AI-driven crypto scams surged in recent periods, even as some data (Scam Sniffer) suggested phishing losses fell year‑over‑year in 2025. Proceeds will fund hiring of AI researchers, data scientists, engineers and financial‑crime experts and expand product and investigation capabilities across offices in San Francisco, Los Angeles, New York, Washington, London and Singapore. Major clients include Coinbase, Circle, PayPal, Robinhood, Stripe and Visa, and TRM’s tools are used by law enforcement. Management emphasized responsible use of AI in compliance and rising demand from traditional financial institutions and governments for automated solutions to counter AI-enhanced phishing and crypto scams.

Neutral

This financing and $1B valuation underline growing institutional demand for blockchain intelligence and compliance tools, which is constructive for sector confidence but has limited direct price impact on any single cryptocurrency. TRM’s expanded AI capabilities and institutional client list reduce regulatory and operational risk for exchanges and payment providers, potentially supporting healthier market infrastructure over the medium term. In the short term, the news is unlikely to move crypto prices materially because it is company-specific (not protocol-level) and does not change token supply, monetary policy, or on‑chain fundamentals. For traders: expect modest positive sentiment toward crypto-regulation and compliance service providers, but treat this as a sectoral/structural development rather than a trigger for immediate speculative trades.