TRM Labs Valuation Doubles to $2 Billion Amid Digital Crime Rise
Blockchain intelligence firm TRM Labs has doubled its valuation to $2 billion after an expansion of its Series C funding round led by Blockchain Capital.
The company did not disclose the size of the latest investment but said its annual recurring revenue has quadrupled over the past three years, according to an announcement on Wednesday.
TRM provides blockchain intelligence and investigation software used by more than 600 government agencies and private-sector institutions across 75 countries. The AI-powered tools are used to investigate fraud, money laundering, sanctions evasion and other forms of digital crime.
The company's valuation was previously at $930 million before the Series C funding round in February, which included investments from Citi Ventures and Galaxy. TRM said criminal adoption of AI has risen 40% year over year in 2026, citing its AI-in-Crime Adoption Index.