Chainalysis, a NYC-based provider of an AI-powered fraud detection solution, acquired Alterya, a Tel Aviv-Yafo, Israel-based AI-powered fraud detection solution that identifies scammers before they meet their victims.
The amount of the deal was not disclosed.
With this acquisition, Chainalysis can now provide real-time proactive fraud protection for payments and enhanced fraud detection during KYC for exchanges, blockchains, and wallet providers.
Led by Elad Fouks and Shahaf Gonen, Alterya is an AI-powered fraud detection solution that identifies scammers before they meet their victims, protecting users for top cryptocurrency exchanges, fintech companies, and financial institutions. Since launching in stealth, the company has already begun working with top cryptocurrency exchanges and fintech companies including Binance, Coinbase, and Block, as well as top financial institutions, to monitor more than $8B in transactions per month across crypto and fiat rails to protect 100M end users from the growing threat of authorized fraud. Alterya detected $10B sent to scams in 2024, and worked with their customers to proactively prevent fraud, minimize losses, and build customer trust.
FinSMEs
14/01/2025