TRM Labs, the first cryptocurrency risk management platform, raises $4.2 million in funding from …

TRM Labs, the first cryptocurrency risk management platform, raises $4.2 million in funding from Initialized Capital, Blockchain Capital, PayPal Ventures and Y Combinator

TRM helps financial institutions prevent cryptocurrency fraud and money laundering, enabling them to meet regulatory requirements and embrace cryptocurrency-related products & partnerships. SAN FRANCISCO, Nov. 19, 2019 /PRNewswire/ — TRM, the cryptocurrency compliance and risk management platform, today announced that it has secured $4.2 million in funding from Initialized Capital, Blockchain Capital, PayPal Ventures, and Y Combinator, bringing the total raised in its seed round to $5.9 million.