According to Fortune, blockchain analytics company TRM Labs has completed an extension of its previous Series C funding round, doubling its valuation to $2 billion from $1 billion about six months ago. CEO Esteban Castano did not disclose the amount raised, only stating that it was relatively small and came from existing investors. TRM Labs expects its annual recurring revenue (ARR) to reach $100 million in the next few years and currently has around 500 employees. The company is also expanding its AI-driven crime investigation business, with plans to launch a new investigative platform in November to identify AI-related crimes, including deepfake financial fraud. https://(wublock123.com)/news/trm-labs-raises-post-c-round-funding-valued-at-2b-68099