TRM Labs receives additional investment from existing investors, doubling its valuation to $2 billion According to Fortune magazine, San Francisco based cryptocurrency tracking company TRM Labs has doubled its valuation to $2 billion after only six months of receiving additional investment from existing investors, following a $70 million Series C funding round in September 2025 with a valuation of $1 billion. CEO Esteban Castano stated that the company's mission has expanded from blockchain forensics to broader mapping of cybercrime, with AI business becoming the second growth engine rather than transformation, and core encryption business remaining strong. The company is about to launch a new investigation platform specifically targeting AI driven crimes such as deepfake fraud, pornography extortion, and child sexual abuse.