Chainalysis Acquires Alterya for $150 Million to Enhance Fraud Detection
- Chainalysis acquired fraud detection startup Alterya for $150 million.
- The acquisition aims to strengthen Chainalysis’ scam-stopping capabilities.
- Alterya provides a comprehensive dataset on scammers’ financial infrastructure.
- The combined company will operate from a new office in Tel Aviv.
- Alterya’s AI-driven models offer potential applications in traditional financial markets.
Chainalysis, known for tracing illicit crypto flows, acquired Alterya to enhance its ability to combat blockchain fraud. The $150 million deal will allow the company to utilize Alterya’s extensive data on scammers and expand its operations in Tel Aviv.