Fireblocks Denies Report of $2.5B Visa Acquisition Talks

Visa declined to comment on the report, which cited multiple sources and put a price well below the $8 billion valuation Fireblocks reached in 2022. Fireblocks has denied reports that Visa is in late-stage talks to acquire the crypto custody firm 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. We don’t comment on rumors or speculation,” Fireblocks told The Block. Axios Pro published that report earlier in the day, citing “multiple sources.” Fireblocks Moves Into Card Payments Fireblocks sells the software that banks, exchanges and fintechs use to hold and move digital assets. It handles more than $300 billion in stablecoin volume a month on average. The platform raised $550 million in a Series E round at an $8 billion valuation in January 2022. It said at the time that its customer count had grown from 150 to more than 800 during 2021. Its website now lists 2,500 enterprise customers, including Revolut and ABN AMRO. In October 2025, Fireblocks acquired Dynamic, a wallet developer platform that powers more than 50 million onchain accounts. In June this year, Fireblocks launched ...