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TRM Labs valuation doubles to $2B after Series C expansion

Blockchain intelligence firm TRM Labs doubled its valuation to $2 billion following an expanded Series C led by Blockchain Capital. It did not disclose the latest investment size, citing annual recurring revenue quadrupling over three years.

Blockchain intelligence firm TRM Labs said its valuation has doubled 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 annual recurring revenue has quadrupled over the past three years.