Fireblocks disputes report of $2.5B Visa acquisition talks
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Fireblocks told Cointelegraph that reports of a potential $2.5 billion acquisition by Visa are “not true at present time,” while Visa declined to comment on the reported talks. Crypto custody and infrastructure provider Fireblocks is disputing a report that payments giant Visa is in late-stage talks to acquire the company for about $2.5 billion. “We are aware of the rumors about a possible acquisition of Fireblocks by Visa. This is news to us, and not true at present time,” a Fireblocks spokesperson told Cointelegraph on Thursday. Axios reported Thursday, citing multiple sources, that the payment giant was in advanced discussions to acquire Fireblocks for approximately $2.5 billion. The reported price would represent a steep discount from Fireblocks’ last publicly disclosed valuation of more than $8 billion, announced by the company following a $550 million Series E funding round in January 2022. Data provider Traxcn lists the $8 billion valuation as recently as Dec. 11, 2025.
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Crypto custody specialist Fireblocks denies it's in talks to be acquired by Visa
ResumoA Fireblocks spokesperson said the acquisition talks were “news to us, and not true at present time.”Fireblocks previously raised $550 million at an $8 billion valuation back in 2022. Cryptocurrency custody firm Fireblocks dismissed reports it is in talks with Visa (V) to be acquired for $2.5 billion. Axios, citing multiple unidentified sources, said the company was in late-stage talks with Visa. “We are aware of the rumors about a possible acquisition of Fireblocks by Visa. This is news to us, and not true at present time,” a Fireblocks spokesperson said soon after the Axios story broke. Fireblocks specializes in crypto custody using advanced pre-key sharding technologies such as multi-party computation (MPC). A $2.5 billion purchase would be a marked drop in value since 2022, when Fireblocks raised $550 million at an $8 billion valuation. That said, smoke has been circulating over the past three or four weeks about a potential sale of the business, with anonymous sources telling CoinDesk U. S.-listed Coinbase Global COIN$171,09 was also in the frame to buy Fireblocks. Visa did not respond to requests for comment by press time. Coinbase had similarly not replied.
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