UPDATED 14:40 EST / JANUARY 13 2025 by Kyt Dotson Blockchain analysis giant Chainalysis Inc. said today that it has acquired the Israeli startup Alterya Inc., which develops an artificial intelligence detection solution to beat financial scammers and fraudsters. Although the two companies did not disclose the details of the acquisition, sources familiar with the deal told Business Insider the total was about $150 million. Chainalysis is best known for providing analytical data about cryptocurrency transactions on blockchain networks to governments and banks, allowing them to detect illicit financial activity.
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