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.