TRM Labs Crypto Business Company Overview and News in 2023
TRM Labs Crypto Exposure is a leading blockchain intelligence company that helps financial institutions and government agencies fight fraud, money laundering, and financial crime. The company’s tools and solutions enable customers to monitor transactions across more than one million assets on 28 blockchains, including industry-leading NFT coverage and DeFi protocols. TRM Labs’ customers include some of the world’s largest banks, crypto exchanges, and government agencies, including the IRS and the US Secret Service.
Company Overview
TRM Labs was founded in 2015 by Ari Redbord and Esteban Castaño. Redbord is a former senior advisor to the US Secretary of the Treasury on terrorism and financial intelligence, while Castaño is a data scientist and software engineer with experience in building large-scale distributed systems.
TRM Labs’ mission is to build a safer financial system for billions of people. The company believes that blockchain technology has the potential to revolutionize the financial system, but it also introduces new risks, such as money laundering and fraud. TRM Labs’ tools and solutions help customers to mitigate these risks and build trust in the blockchain ecosystem.
Products and Services TRM Labs Crypto Business
TRM Labs Crypto Business offers a range of products and services to help customers fight fraud, money laundering, and financial crime on the blockchain. These products and services include:
- Blockchain analytics platform: TRM Labs’ blockchain analytics platform provides customers with a comprehensive view of blockchain activity, including real-time transaction monitoring, risk scoring, and investigative tools.
- Compliance solutions: TRM Labs’ compliance solutions help customers to meet their regulatory obligations, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements.
- Investigative tools: TRM Labs’ investigative tools help customers to investigate and track down the perpetrators of blockchain-based crimes.
Customers
TRM Labs’ customers include some of the world’s largest banks, cryptocurrency startup exchanges, and government agencies. Among its customers are:
- FTX
- Circle
- Coinbase
- Binance
- US Bank
- Wells Fargo
- JPMorgan Chase
- IRS
- US Secret Service
- Europol
News
In 2023, TRM Labs has raised $80 million in funding from top venture capital firms, including Blockchain Capital, Bessemer Venture Partners, and Tiger Global. The company has also expanded its team and launched new products and services.
Here are some of the latest news stories about TRM Labs:
- March 16, 2023: TRM Labs Appoints Georgetown Law Professor Chris Brummer as a Senior Advisor
- March 14, 2023: TRM Labs’ Ari Redbord Named Vice Chair Of New CFTC Technology Advisory Committee
- January 24, 2023: TRM Labs Launches On-Demand new crypto companies Compliance and Investigations Certifications in TRM Academy
- October 4, 2023: TRM Labs Expands US Federal Team, Welcomes Industry Veterans Ethan Bronstein and Chris Gray
- September 14, 2023: TRM Labs Announces TRM Tactical: the mobile-first blockchain intelligence tool for frontline investigators
- August 4, 2023: Phil Ariss, Former Crypto Lead for the NPCC Cybercrime Programme, Joins TRM as Director of UK Public Sector Relations
TRM Labs is one of the leading blockchain company intelligence companies in the world. The company’s tools and solutions help financial institutions and government agencies fight fraud, money laundering, and financial crime on the blockchain. TRM Labs is well-positioned to continue to grow and play a leading role in the development of the blockchain ecosystem.
Crypto Business Ideas
TRM Labs’ products and services can be used by a variety of businesses in the crypto industry, including:
- Crypto exchanges: Crypto exchanges can use TRM Labs’ tools to monitor transactions for suspicious activity, such as money laundering and fraud.
- Crypto wallets: Crypto wallets can use TRM Labs’ tools to screen users for risk and to monitor transactions for suspicious activity.
- Crypto lenders: Crypto lenders can use TRM Labs’ tools to assess the risk of borrowers and to monitor their activity for suspicious activity.
- Crypto investment firms: top crypto startups investment firms can use TRM Labs’ tools to screen potential investments for risk and to monitor their portfolios for suspicious activity.
- Blockchain infrastructure providers: Blockchain infrastructure providers can use TRM Labs’ tools to monitor their networks for suspicious activity.
- Government agencies: Government agencies can use TRM Labs’ tools to investigate and track down the perpetrators of blockchain-based crimes.
In addition to these specific businesses, TRM Labs’ products and services can be used by any business that operates in the crypto industry or that has exposure to crypto assets.
How to Use TRM Labs to Start a Crypto Business
If you are interested in starting a crypto business, TRM Labs can help you to do so in a number of ways. For example:
- TRM Labs can help you to develop a compliance program for your business. This is important because crypto businesses are subject to a variety of regulations, such as KYC and AML requirements.
- TRM Labs can help you to monitor your business for suspicious activity. This can help you to identify and mitigate risks to your business.
- TRM Labs can help you to investigate and track down the perpetrators of blockchain-based crimes. This can help you to protect your business and your customers.
If you are interested in learning more about how TRM Labs can help you to start a crypto business, please visit the TRM Labs website or contact the company directly.
TRM Labs is a leading blockchain intelligence company that provides businesses with the tools and solutions they need to fight fraud, money laundering, and financial crime on the blockchain. TRM Labs’ products and services can be used by a variety of businesses in the crypto industry, including crypto exchanges, crypto wallets, crypto lenders, crypto investment firms, blockchain infrastructure providers, and government agencies.
TRM Labs can also help businesses that are not directly involved in the crypto industry to manage their exposure to crypto assets. For example, TRM Labs can help businesses to develop compliance programs, monitor their transactions for suspicious activity, and investigate and track down the perpetrators of blockchain-based crimes.
If you are interested in starting a list of crypto startups business or in learning more about how TRM Labs can help you to manage your exposure to crypto assets, please visit the TRM Labs website or contact the company directly.
