Alterya News
5 articles
growth-positive
This marks Chainalysis' second acquisition of an Israeli company in just one month, following the purchase of Hexagate. Alterya specializes in preventing authorised-push-payment (APP) fraud, focusing on cryptocurrency and real-time payment networks.
Chainalysis, a blockchain analytics firm, has acquired Israeli company Alterya, marking its second acquisition in Israel following the purchase of Hexagate. Alterya specializes in preventing authorized-push-payment fraud, focusing on cryptocurrency and real-time payment networks. The acquisition, estimated at around $150 million, will allow Alterya to operate as an independent product line and R&D center. Alterya has rapidly grown since its founding in 2022, serving major financial institutions like Coinbase, Square, and Binance. The acquisition aligns with Chainalysiss strategy to expand its product line and strengthen its capabilities in fraud prevention and security. The changing regulatory landscape, particularly under a potential future Trump administration, is seen as favorable for the crypto industry, further supporting Chainalysiss growth ambitions.
Acquisition
growth-positive
Blockchain giant Chainalysis acquires Israeli startup Alterya in $150M deal | CTech
Chainalysis, a blockchain analytics company, has acquired Israeli firm Alterya, marking its second acquisition in Israel following the purchase of Hexagate. Alterya specializes in preventing authorized-push-payment fraud, focusing on cryptocurrency and real-time payment networks. The acquisition, estimated at $150 million, will allow Alterya to operate as an independent product line and R&D center. Alterya, founded in 2022, has rapidly grown, serving major financial institutions like Coinbase, Square, and Binance. The acquisition aligns with Chainalysiss strategy to expand its product line and strengthen its capabilities in fraud prevention and security. The changing regulatory landscape, particularly under a potential future Trump administration, is seen as favorable for the crypto industry, further supporting Chainalysiss growth ambitions.
Acquisition
growth-positive
Blockchain giant Chainalysis acquires stealth AI agent security startup Alterya for over $100 million
Chainalysis, a blockchain analysis company, has acquired Alterya, an AI-driven fraud detection startup, for $150 million. Alterya, founded in 2022, specializes in using AI agents to detect scams for financial and crypto firms. The acquisition highlights the growing interest in AI agents, which are autonomous AI tools. Alterya has raised $9.8 million in seed funding from investors including Battery Ventures and Y Combinator. Its clients include major companies like Coinbase, Square, and Binance. Chainalysis, known for its crypto analysis services, aims to enhance its capabilities in fraud detection and regulatory compliance through this acquisition. The deal underscores the increasing demand for AI solutions in the financial sector.
Acquisition
growth-positive
The New York-based blockchain giant will pay $160 million for its second Israeli acquisition.
Chainalysis, a US-based blockchain analytics company, has announced its acquisition of Tel Aviv-based startup Alterya for $160 million. This marks Chainalysiss second acquisition in Israel, following its purchase of Hexagate. Alterya, founded in 2022, specializes in preventing authorized-push-payment fraud, particularly in cryptocurrency and real-time payment networks. The company uses AI to detect social engineering scams and serves major financial institutions like Coinbase, Square, and Binance. With this acquisition, Chainalysis aims to enhance its fraud protection capabilities and expand its office in Tel Aviv. Alterya will continue to operate independently as an R&D center in Israel.
AcquisitionPartnersCustomers
growth-positive
The New York-based blockchain giant will pay $160 million for its second Israeli acquisition.
Chainalysis, a US-based blockchain analytics company, has announced its acquisition of Tel Aviv-based startup Alterya for $160 million. This marks Chainalysiss second acquisition in Israel, following its purchase of Hexagate. Alterya, founded in 2022, specializes in preventing authorized-push-payment fraud, focusing on cryptocurrency and real-time payment networks. The company has rapidly grown, serving major financial institutions like Coinbase, Square, and Binance. Alteryas solution integrates AI and cybersecurity for real-time scam prevention. The acquisition will enable Chainalysis to enhance its fraud protection capabilities, aligning with its mission to build trust in blockchains. Alterya will continue to operate independently as an R&D center in Israel.
Acquisition
