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TRM Labs Company Research Report



Company Overview



Name


TRM Labs

Mission of the Company


To provide blockchain intelligence that enables financial institutions, cryptocurrency businesses, and governments to detect, investigate, and mitigate crypto-related fraud and financial crime.

Founded and Founders


No information is available.

Key People


  • Esteban Castaño (Chief Executive Officer)

  • Rahul Raina (Chief Technology Officer)

  • Ari Redbord (Global Head of Policy)

  • Jennifer Vander Veer (Head of Product, Forensics)

  • Boon Hui Khoo (Senior Advisor)

  • Kiran Bondalapati (VP Engineering)

  • Additional notable experts: Paul Marrinan, Nick Carlsen, Nick Furneaux, Rita Martin, Michael Pavlick, Stephanie Ashford


Headquarters


San Francisco, CA, USA

Number of Employees


No information is available.

Revenue of the Company


No information is available.

What is the Company Known For


TRM Labs is known for providing blockchain intelligence aimed at combating crypto crimes, ensuring regulatory compliance, and tracing the flow of cryptocurrency transactions.

Products



What Products Do They Offer



Forensics


  • Description: Investigates, monitors, and traces the flow of cryptocurrency transactions to tackle digital asset fraud and financial crime

  • Key Features:

  • Extensive asset coverage (>70 million assets across 30 blockchains)

  • Cross-chain analytics for real-time tracking

  • 150+ risk categories

  • Support for legal evidence building (e.g., in courtroom)


Tactical


  • Description: Rapid blockchain data triage and on-the-go crypto investigations

  • Key Features:

  • OCR detection for blockchain artifacts

  • Access to enriched blockchain data and threat intelligence

  • Real-time investigation from the field


Transaction Monitoring


  • Description: Continuous monitoring for AML/CFT compliance of digital asset transactions

  • Key Features:

  • Customizable risk indicators and alerting

  • Case management for workflow efficiency

  • Real-time API for transaction flagging


Wallet Screening


  • Description: Preemptively screens crypto wallet addresses for illicit activity

  • Key Features:

  • Real-time risk scoring for wallet addresses

  • Detailed attributions to real-world entities

  • Continuous risk monitoring


Know-Your-Entity


  • Description: Assesses the risk profiles for VASPs and other crypto businesses

  • Key Features:

  • 26k VASP profiles with on/off-chain data

  • Entity watchlists for ongoing monitoring

  • Comprehensive risk indicators


TRM Academy


  • Description: Offers training and certification in crypto compliance and investigation

  • Key Features:

  • On-demand virtual courses

  • Access to expert instructors

  • Digital certification and badging


Recent Developments



Recent Developments in the Company



New Products and Features


  • Behavioral Intelligence:

  • Combines transaction analysis with pattern recognition for more nuanced blockchain data insights

  • Incorporates Signatures® and Transfer Labels to provide a clearer picture of on-chain activities


  • TRM Tactical:

  • Launched as a mobile-first blockchain intelligence tool for frontline investigators


  • FedRAMP High, IL4, and IL5 Compliance:

  • Partnership with Palantir to expedite FedRAMP certification, ensuring high standards for federal compliance and security requirements


Partnerships and Integrations


  • DataExpert:

  • Expanded partnership to offer crypto investigations software and training in Benelux and Nordic regions.


  • Swyftx:

  • Collaboration to combat scams in Australia.


Company News


  • Senior Advisor Appointments:

  • Mr. Boon Hui Khoo joined as Senior Advisor, bringing extensive experience from INTERPOL and Singapore Police Force.

  • Georgetown Law Professor Chris Brummer also appointed as a Senior Advisor.


  • Federal Service Expansion:

  • Strengthening U.S. federal offerings with FedRAMP High and IL4/IL5 compliance.


  • Industry Recognition:

  • Named in Built In's 2024 Best Places to Work Awards.

  • Testimonies before the House Financial Services Committee highlight TRM Labs' role in anti-crypto crime policies.


Customer Success Stories


  • IRS-CI:

  • Utilized TRM's blockchain intelligence to dismantle xDedic marketplace, a major cybercrime operation.


  • 1inch Network:

  • Screened millions of wallet addresses, identifying hundreds of high-risk addresses.


  • General Case Studies:

  • Demonstrated success in recovering stolen funds, identifying criminal activities, and supporting law enforcement in complex investigations.


Conclusion



TRM Labs continues to set industry standards in blockchain intelligence by combining technological innovation, regulatory compliance, and effective partnerships to provide indispensable tools for detecting and mitigating financial crime in the digital asset ecosystem.