Chainalysis Acquires Alterya for $150 Million to Enhance AI-Driven Fraud Prevention
Recently, Chainaanalysis, a leader in crypto analytics and forensics, acquired Israeli startup Alterya, which focuses on AI-driven fraud detection, for approximately $150 million. Alterya uses artificial intelligence agents to detect and prevent fraud targeting financial institutions, fintechs, and crypto service providers. This investment enables Chainaanalysis to move beyond reactive investigations and provide proactive fraud prevention. With Alterya’s advanced AI-driven tools, the company can enhance its ability to detect sophisticated scams, especially those that employ generative AI. Chainaanalysis aims to solve the problem of fraud in the traditional financial system and track the flow of these funds into cryptocurrencies. Although operating primarily in stealth mode, Altya has protected 100 million users from fraud, and its clients include Binance, Coinbase, and Square.
