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.”
Bitcoin’s network hashrate has climbed meaningfully from recent lows, reviving attention on what the metric can signal about mining confidence. CryptoQuant founder and CEO Ki Young Ju said th
Crypto market maker DWF Labs published a research report on October 22 concluding that daily capital flows into U.S. spot Bitcoin ETFs do not predict subsequent BTC price moves. Instead, the
Why Is Crypto Market Down Today? Reason Behind the Sell-Off You check your phone, open your portfolio, and it's red everywhere. That's the first thing a lot of traders felt this morning. Why