Chainalysis Acquires Alterya for $150 Million to Enhance Crypto Security
- Chainalysis acquired Israeli AI startup Alterya for $150 million.
- Alterya specializes in fraud detection using AI agents.
- The startup has contracts with major crypto and fintech companies, including Binance, Coinbase, and Block.
- Alterya was founded in 2022 and received $9.8 million in seed funding.
- The acquisition aims to improve proactive fraud prevention and detect sophisticated scams.
Chainalysis’s acquisition of Alterya for $150 million enhances its capability to prevent illicit transactions by leveraging AI-driven tools to detect sophisticated scams. The startup’s technology has already helped top crypto exchanges reduce fraud by 60%.
