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TRM Labs, Singapore’s CSA To Boost Cyber Defences With AI-powered Blockchain Intelligence

KUALA LUMPUR, Oct 22 (Bernama) -- TRM Labs has signed a Memorandum of Collaboration (MOC) with Singapore’s Cyber Security Agency (CSA) to fortify national cyber resilience using artificial intelligence (AI)-driven blockchain intelligence—a move that comes as cyber threats increasingly involve decentralised digital assets.

Under the agreement, TRM Labs will grant CSA access to its blockchain intelligence platform and associated AI features, including generative and reasoning components, while contributing data and technical expertise.

“This collaboration is about bringing cutting-edge AI to the front lines of cyber defence. Together with CSA, we aim to shape the future of digital trust,” said TRM Labs Chief Executive Officer, Esteban Castaño.

Meanwhile, CSA Deputy Chief Executive (National Cyber Resilience), Edward Chen said: “As cyber threats grow in sophistication, it is important for us to build AI capabilities to strengthen Singapore’s national cyber defences.”

In a statement, TRM Labs said the collaboration will focus on developing a blockchain tracing solution to more accurately assess Singapore’s ransomware exposure and link on-chain activity with real-world cyber threats.

As part of the MOC, TRM Labs will tap resources and expertise across its global operations and affiliates to support CSA’s mission outcomes.

The parties will explore co-development pathways that fuse CSA’s operational insights with TRM’s technology to deliver scalable, data-driven capabilities for investigations, threat hunting, and real-time risk response—supporting Singapore’s digital trust and innovation agenda.

The partnership reflects a growing urgency to monitor and disrupt cybercrime involving digital assets. According to TRM Labs’ 2025 Crypto Crime Report, funds flowing into illicit crypto addresses reached US$44.7 billion in 2024—up from US$37.4 billion in 2021. (US$1=RM4.22)

The effort also aligns with CSA’s Singapore Cyber Landscape 2024/2025 report, which underscores the need for deeper visibility into threats across decentralised systems.

-- BERNAMA