TRM Labs Raises $60M as Visa, Amex Play Catch-Up on Crypto Tracking

Posted on by American Coins & Gold

TRM Labs Raises M as Visa, Amex Play Catch-Up on Crypto Tracking
Blockchain investigations firm TRM Labs said Tuesday it raised $60 million in a round whose diverse backers highlight the crypto analytics industry’s influential reach.Startup investing giant Tiger Global led the Series B, according to a press release. But perhaps more telling were the smaller contributors to TRM’s capitalization table. Among them: credit card companies (American Express, Visa, Citi), payments firms (Block (née Square), early backer PayPal) and a bevy of crypto VCs.“At Amex, we continuously deliver innovative products and services to our customers in a safe and compliant manner through these phase shifts, and we are engaging closely with market…