Fireblocks disputes report of $2.5B Visa acquisition 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.