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Visa In Talks To Acquire Fireblocks For $2.5 Billion

Visa is in late-stage negotiations to acquire crypto custody firm Fireblocks for approximately $2.5 billion, according to Axios.

Visa In Talks To Acquire Fireblocks For $2.5 Billion
Image: BullishMarketCap

Payments giant Visa is in late-stage talks to acquire digital asset custody platform Fireblocks for around $2.5 billion, according to Axios, citing multiple sources. The potential acquisition highlights ongoing consolidation and institutional interest in crypto infrastructure.

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According to the report, negotiations between the two companies have reached a late stage. Neither company has issued a formal public statement regarding the potential transaction.

Key Facts

  • Visa is in late-stage talks to buy Fireblocks.
  • The reported valuation for the deal is around $2.5 billion.
  • The report comes from Axios, citing multiple sources.
#Visa#Fireblocks#Crypto

Source: theblock.co

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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