The post Chainalysis Acquires Alterya for $150 Million to Enhance AI-Driven Fraud Prevention appeared first on Coinpedia Fintech News
In a recent move, Chainalysis, a leader in crypto analysis and forensics, has acquired Alterya, an Israeli startup focused on AI-driven fraud detection, for approximately $150 million. Alterya uses AI agents to detect and prevent scams targeting financial institutions, fintech, and crypto service providers. This investment allows Chainalysis to move beyond reactive investigations and offer proactive fraud prevention. With Alterya’s advanced AI-driven tools, the company could enhance its ability to detect sophisticated scams, particularly those adopting generative AI. Chainalysis aims to tackle fraud from traditional financial systems and track the movement of those funds into crypto. Despite operating mostly in stealth mode, Alterya has protected 100 million users from fraud, with clients including Binance, Coinbase, and Square.