Chainalysis Acquires Israeli Startup Alterya for $150 Million to Boost Fraud Detection

Chainalysis has acquired the Israeli fraud detection startup Alterya for $150 million. This acquisition is part of Chainalysis's strategy to enhance its capabilities in fraud detection and prevention. Alterya is known for its advanced technology in identifying fraudulent activities, which will now be integrated into Chainalysis's existing platform. This move is expected to strengthen Chainalysis's position in the market and expand its service offerings.