Chainalysis Buys Israeli Fraud Detection Startup Alterya for $150M
- Blockchain analytics company Chainalysis has acquired Israeli fraud detection startup Alterya for $150 million, as reported by Business Insider.
- Chainalysis aims to enhance its scam-stopping capabilities by combining its data with Alterya's fraud prevention technology, according to CEO Jonathan Levin.
- Alterya, founded in 2022, has helped major financial institutions detect over $10 billion in crypto fraud in real time in 2024.
- The acquisition allows Chainalysis to provide proactive real-time fraud protection and improve KYC processes for its customers, explained Jonathan Levin.
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