Blockchain startup TRM Labs raises US$60 million in Tiger Global-led round

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TRM Labs said on Tuesday it had raised US$60 million in fresh capital through a funding round led by investment giant Tiger Global, becoming the latest blockchain startup in the booming crypto economy to seek funds.The Series B round saw participation from other notable investors including Visa Inc, Jack

TRM Labs said on Tuesday it had raised US$60 million in fresh capital through a funding round led by investment giant Tiger Global, becoming the latest blockchain startup in the booming crypto economy to seek funds.

The San Francisco-based company was launched out of prominent Silicon Valley incubator and startup fund Y Combinator in 2019 and its team consists of threat finance experts from the Federal Bureau of Investigation, U.S. Secret Service and Europol.

 

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