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Blockchain forensics outfit TRM Labs secures $60 million in Series B funding

TRM Labs has raised $60 million in a Series B funding round led by the fintech-focused investment firm Tiger Global. According to a Tuesday announcement, TRM’s Series B also drew participation from Visa, DRW Venture Capitalist, Marshall Wace, and PayPal Ventures. Other investors included Block (formerly known as Square Inc.), Citi Ventures, and Amex Ventures, the venture capital arm of American Express. Esteban Castaño, CEO of TRM, said the company will use the newly realized capital to continue offering “the …