San Francisco - TRM Labs, a leading provider of crypto anti-money laundering (AML) and investigation software, is pleased to announce that Kinsey Cronin joined the TRM team in June 2021, bringing her experience in business development and passion for financial technology, blockchain and entrepreneurship.

Ms. Cronin brings over a decade of experience managing business development teams in the blockchain and technology space. Prior to joining TRM, she served as Senior Vice President of Business Development at Prime Trust, providing technology-driven financial infrastructure to fintech companies including cryptocurrency businesses. Prior to joining Prime Trust, Ms. Cronin served as Director of Business Development at StartEngine, an equity crowdfunding portal, where she worked directly with hundreds of entrepreneurs on capital raises using new JOBS Act regulations. Under her leadership, StartEngine’s total capital raised nearly quadrupled.

"I am thrilled to join TRM Labs and help create a safer financial system for billions of people," said Ms. Cronin. "As we see explosive growth in the crypto industry and mainstream adoption of cryptocurrencies worldwide, I look forward to working with financial institutions and cryptocurrency businesses around the globe to help them monitor and mitigate risks in cryptocurrency."

"Kinsey has a genuine passion for partnering with customers to solve complex problems" said TRM CEO Esteban Castaño. "She brings extraordinary experience in business development for the financial technology and blockchain space, but more importantly, she brings a passion for cryptocurrency and for our mission.  I am thrilled to welcome Kinsey to TRM."

Ms. Cronin joins the TRM team as cryptocurrency adoption accelerates worldwide, including experiencing significant growth among traditional institutional investors. A 2019 poll by the Bank for International Settlements (BIS) found that nearly 80% of central banks are working on central bank digital currency (CBDC) research. In September 2020, stablecoins and digital dollars reached 200 billion in monthly on-chain USD volume, nearly 700% more than the same period the year prior.

About Kinsey Cronin

Kinsey Cronin joined the TRM business development team in June 2021. Prior to joining TRM, she served as the Senior Vice President of Business Development at Prime Trust, providing technology driven financial infrastructure to FinTech companies. Prior to joining Prime Trust, Ms. Cronin served as Director of Business Development at StartEngine, an equity crowdfunding portal where she worked directly with hundreds of entrepreneurs on capital raises. Ms. Cronin holds a Bachelor’s Degree in Communications from Pepperdine University.

About TRM Labs

TRM Labs is the crypto compliance company. TRM enables organizations to detect fraud and financial crime, accelerate business processes, and meet regulatory requirements, all while working with industry-leading data and workflows. Founded in 2018, TRM works with the largest cryptocurrency businesses and financial institutions worldwide. TRM is headquartered in San Francisco, CA, with offices in Washington D.C. and Europe. TRM is backed by leading investors including PayPal, Initialized Capital, Blockchain Capital, and Y Combinator.

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