A closer look at “Fireblocks Denies $2.5 Billion Visa Acquisition Talks, But Crypto Custody M&A Heats Up”, exactly as the source publishes it. Digital asset custody provider Fireblocks has denied reports that it is in discussions to be acquired by payments giant Visa for $2.5 billion. The denial follows an Axios report citing unnamed sources that claimed the two companies were in talks. Fireblocks, which provides secure infrastructure for moving, storing, and issuing digital assets, has not commented further on the nature of any relationship with Visa.
Visa has also not publicly addressed the report. If such a deal were to occur, it would mark one of the largest acquisitions in the crypto infrastructure space and signal deepening mainstream financial interest in digital asset custody. The reported $2.5 billion price tag would represent a significant premium over Fireblocks' last private valuation of $8 billion in 2022, reflecting the volatile nature of crypto markets. For the complete material, the listing points back to the source inside the network.