Sarah Solum, Scott Blumenkranz, Kimberly Wang, Elizabeth Fleming, Menachem Kaplan, Daniel Spencer, Christine Lyon, Brock Dahl
January 24, 2026
Freshfields Represents TRM Labs in $70M Series B Financing Expansion

1 min
AI-made summary
- Freshfields advised TRM Labs on its $70 million Series B financing expansion, led by Thoma Bravo, bringing total proceeds to $130 million
- The funding round included participation from new and existing investors, including major financial institutions
- TRM Labs specializes in blockchain intelligence services for government agencies, financial institutions, and cryptocurrency businesses to address crypto-related fraud and financial crime
- The Freshfields team provided corporate, intellectual property, data privacy, and cybersecurity legal counsel for the transaction.
Freshfields represented TRM Labs in its announced $70 million expansion of its Series B financing led by Thoma Bravo, resulting in total proceeds of $130 million, with participation from new and existing investors including some of the world’s leading financial institutions. TRM Labs provides blockchain intelligence to help government agencies, financial institutions and cryptocurrency businesses detect, investigate and mitigate crypto-related fraud and financial crime. More information about the transaction can be found here. The Freshfields corporate team was led by Partner Sarah Solum, Counsel Scott Blumenkranz and Associates Kimberly Wang and Elizabeth Fleming. Partner Menachem Kaplan and Associate Daniel Spencer provided advice on intellectual property-related matters, and Partner Christine Lyon and Counsel Brock Dahl advised on data privacy and cybersecurity matters. ENDS
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Sarah Solum, Scott Blumenkranz, Kimberly Wang, Elizabeth Fleming, Menachem Kaplan, Daniel Spencer, Christine Lyon, Brock Dahl
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