Blockchain Intelligence Firm Trm Labs Secures $14M In Funding

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PayPal Ventures also participated in the latest investment round. : TRM Labs, a blockchain intelligence company, announced yesterday that it has raised $14 million in the Series A funding round. The latest investment round was led by Bessemer. According to the official announcement, PayPal Ventures, Jump Capital and Blockchain Capital participated in the recent round. The San Francisco-based company is facilitating financial firms and public agencies around the world in the detection and prevention of crypto-related fraudulent activities.

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