Press releases or official announcements from Chainalysis or the bank

Chainalysis Acquires AI Startup Alterya for $150 Million, Serving Clients Like Coinbase, Square, and Binance

Jan 13, 2025, 02:56 PM

Blockchain analytics firm Chainalysis has acquired AI security startup Alterya for $150 million. Alterya specializes in AI technology that detects and prevents fraud against cryptocurrency service providers. Its client roster includes major players such as Coinbase, Square, and Binance. The acquisition aims to enhance Chainalysis's capabilities in real-time fraud prevention for fintechs, crypto exchanges, and banks, addressing the growing challenges posed by scams in the cryptocurrency and real-time payments sectors.