Chainalysis Acquires Fraud Detection Startup Alterya for $150 Million

Chainalysis Acquires Alterya for $150 Million

Chainalysis has acquired fraud detection startup Alterya to enhance its capabilities in combating crypto crime.
The acquisition aims to strengthen Chainalysis' tools for tracing illicit funds and preventing scams.
Alterya's datasets facilitate real-time transaction monitoring, helping exchanges and wallets mitigate potential scams.
This move emphasizes Chainalysis' growing interest in Israel's tech ecosystem, following its recent purchase of Hexagate.
Alterya’s AI-driven technology may also apply to traditional finance, potentially aiding banks in fraud prevention across various transactions.
The acquisition indicates Chainalysis' ambition to expand beyond crypto into broader financial fraud prevention.