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
A
AnonymousCryptoCompass newsroom
October 22, 2026
1 min read
NEWS
CryptoCompass editorial visual for policy coverage.
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.
A Visa spokesperson told Cointelegraph that the company does not comment on “rumors or speculation.”
The Bitcoin network’s computing power has rebounded sharply, surpassing the decline seen earlier this year and reentering an upward trend. As of October 22, 2026, on-chain data from CryptoQua
TRON founder Justin Sun warned of artificial intelligence (AI) risks to digital assets that could ultimately threaten investments in some traditional products. Q-day fears continue to grow as