Fireblocks Denies Visa is in Talks to Buy it for $2.5B

WHO:

Cointelegraph - Fireblocks, a stablecoin custody and infrastructure provider, disputed reports about a potential acquisition by Visa.

Cointelegraph - Visa declined to comment on the reported talks.

Techmeme - Axios reporter Lucinda Shen attributed the report to multiple sources.

WHAT:

Cointelegraph - Fireblocks said the reports of a potential $2.5 billion acquisition by Visa were “not true at present time.”

Techmeme - Axios reported that Visa was in late-stage talks to acquire Fireblocks for about $2.5 billion.

Techmeme - The reported acquisition would be Visa’s first in the stablecoin sector.

WHY:

Techmeme - The reported deal concerns Fireblocks’ stablecoin infrastructure and custody business.

HOW:

Cointelegraph - Fireblocks’ response disputed the acquisition report; Visa did not comment.

Techmeme - Axios Pro said the report was based on information from multiple sources.

(UPDATED October 22, 2026 16:25 UTC)

Fireblocks has disputed a report that Visa is in late-stage talks to buy the stablecoin infrastructure and custody provider for about $2.5 billion. The company said the reports of a potential acquisition were “not true at present time.” The reported deal would mark Visa’s first acquisition in the stablecoin sector, a market built around digital currencies designed to maintain a stable value. Axios reported the discussions, with reporter Lucinda Shen attributing the account to multiple sources. Visa declined to comment on the reported talks. Fireblocks’ response directly challenged the reported acquisition, while Visa offered no statement on whether negotiations were taking place. The claims center on Fireblocks’ business providing custody and infrastructure for stablecoins, though the company’s denial leaves the reported deal’s status in question.