TL;DR:
- TRM Labs reaches a $1 billion valuation after closing its Series C funding round.
- The company will use the new funds to expand its AI technology against financial crime.
- Elite institutions such as Goldman Sachs and Citi Ventures participated in this investment phase.
TRM Labs recently successfully closed a $70 million Series C funding round. Through this action, the company officially positions itself as the latest crypto unicorn in the technology sector.
This significant injection of capital arrives at a time of high demand for security tools capable of detecting illicit activities within the crypto space. Consequently, government agencies and financial institutions are seeking to strengthen their defenses against fraud and sanctions evasion.
Since its founding in 2018, the firm has developed software that tracks transactions across blockchain networks. Currently, its services are vital for regulators and exchanges that need to identify suspicious money flows in real time.
AI Innovation and the Fight Against Financial Crime
The capital will primarily be used for product expansion, as well as enhancing the use of AI and machine learning. Esteban Castaño, CEO of the firm, stated that these technologies are essential for tackling the advanced scams exploited by modern criminals.
The round was led by Blockchain Capital and backed by giants such as Goldman Sachs, Y Combinator, and Citi Ventures. This strategic alliance reinforces Wall Street’s confidence in compliance solutions and cryptographic data analysis.
Recent reports from the firm reveal that illicit actors captured nearly 3% of the total crypto market liquidity during 2025. Furthermore, detailed investigations have exposed million-dollar fund movements linked to sanctioned entities across various platforms.
In summary, with this new status, the company plans to grow its global team to provide a more agile response to ecosystem challenges. In this way, they aim to ensure that the financial infrastructure of the future is transparent and resilient against emerging threats.
