Blockchain analytics firm Chainalysis has acquired the Israeli company Alterya, marking its second acquisition in Israel in less than two months.

This follows Chainalysis’ earlier purchase of cybersecurity company Hexagate.

The financial terms of the deal are not officially confirmed, but it is estimated to be valued at approximately US$150 million.

Alterya, established in 2022 by Elad Fouks and Shahaf Gonen, specializes in preventing authorized push payment fraud, particularly in cryptocurrency and real-time payment networks.

The startup employs 28 people, all of whom will remain in their roles after the acquisition.

Alterya will operate as an independent product line and a local research and development center under Chainalysis.