TRM offers a regtech platform that streamlines on-chain AML compliance for digital asset companies, including on-chain customer due diligence, transaction monitoring and customer relationship management. The company is building machine-learning tools that leverage millions of data points to automatically detect suspicious activity such as money laundering and market manipulation. TRM recently rolled out its analytics solution globally with TrustToken’s TrueUSD to help segment core user groups and identify which exchanges and channels are driving growth. The platform has verified over 20,000 individuals’ Ethereum addresses. Led by CEO and co-founder Esteban Castaño, TRM will use the funds to scale engineering talent and expand the capabilities of its platform. The company is focused on expanding product functionality and scaling operations to serve digital-asset businesses’ compliance needs.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2019