TRM integrates with Polygon to provide risk and compliance monitoring capability

SAN FRANCISCO–(BUSINESS WIRE)–TRM Labs, the industry leader in crypto compliance and risk management solutions, announced its integration with Polygon, an Ethereum scaling platform integrating millions of people with Web3, to provide a comprehensive suite of anti-fraud and financial crime tools to members of the Polygon network who wish to protect their applications against illicit financial activity.

As a blockchain intelligence provider, TRM is unique in that its data architecture enables rapid integration with new blockchains and asset mapping. The addition of Polygon brings TRM’s current reach of coverage to 25 blockchains and over 1 million assets. TRM’s platform also provides cross-chain analytics, allowing users to detect risk exposure or track the flow of funds across blockchains, an increasingly critical capability as exchanges cross-chain assets are becoming more and more common.

Polygon now has more than 19,000 decentralized applications (dapps) on the network — a six-fold increase from the network’s milestone of 3,000 dapps in October 2021. Many of them are decentralized finance (DeFi)-based services and include blue-chips such as Aave, Curve, 0x, and Balancer.

“Polygon has experienced rapid growth and well-deserved success over the past year thanks to its visionary work and belief in the power and promise of the crypto economy,” said Esteban Castaño, co-founder and CEO of TRM Labs. “We are thrilled to be part of their journey providing solutions to detect fraud and financial crimes for organizations operating on the Polygon platform.”

Through the integration, users of TRM tools will have access to data from the Polygon network and will be able to leverage TRM tools to comply with AML/CFT regulatory requirements, including:

  • Transaction Monitoring: Real-time risk scoring of cryptocurrency transactions for AML compliance, sometimes known as Know-Your-Transaction or KYT.

  • Wallet Screening: Proactive screening of cryptocurrency addresses for sanctions and AML compliance.

  • VASP Due Diligence: Comprehensive risk profiles of “Virtual Asset Service Providers” (VASPs) and other digital asset companies.

  • Forensics: Investigative tools to trace the source and destination of funds and link high-risk addresses to real-world entities.

TRM’s growing roster of blockchain coverage is unmatched in the blockchain intelligence industry, making the platform an ideal partner for both fast-growing crypto businesses looking to list new assets and forensic investigators. of the order. As the crypto industry matures and the regulatory landscape becomes clearer, TRM’s capabilities will continue to usher in an era where blockchain technology is a safer place for business, innovation and innovation. economic prosperity for users.

About TRM

TRM provides blockchain insights to help financial institutions, cryptocurrency businesses, and public agencies detect, investigate, and manage crypto-related fraud and financial crime. TRM’s risk management platform includes solutions for Anti-Money Laundering (AML), transaction monitoring and portfolio screening, entity risk scoring, including Know-Your- VASP, and transaction tracking for surveys. These tools enable a rapidly growing cohort of organizations around the world to securely adopt cryptocurrency-related transactions, products, and partnerships. TRM is based in San Francisco, CA, and recruits in engineering, product, sales, and data science. To learn more, visit

About Polygon

Polygon is the leading platform for Ethereum scaling and infrastructure development.
Its growing suite of products provides developers with easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, standalone and enterprise chains, data availability, etc. Polygon’s scaling solutions have been widely adopted with over 19,000 decentralized applications hosted, over 1.6 billion transactions processed, approximately 142 million unique user addresses, and over $5 billion in revenue. secured assets.

If you are an Ethereum developer, you are already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, start here.

Website | Twitter | Ecosystem Twitter | Twitter Developer | Studios Twitter | Telegram | LinkedIn | | Discord | Instagram | Facebook

Michael J. Chiaramonte