TRM Labs secures 70 million USD in Series C funding, reaches 1 billion USD valuation

On February 4th, Fortune reported that TRM Labs completed a 70 million USD funding round, achieving a 1 billion USD valuation, thus becoming a crypto unicorn.

With around 40% of its clients being private sector entities, TRM Labs is expanding its workforce to 350 employees while utilizing AI to combat evolving crime tactics.

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