Fireblocks Denies Visa Is in Talks to Buy Firm for $2.5 Billion

Fireblocks denied Oct. 22 that it was in late-stage acquisition talks with Visa, saying a proposed purchase was not true at that time. The deal speculation put the company’s value at about $2.5 billion.

Fireblocks described the claim as new to the company. Visa declined to comment on rumors or speculation.

Fireblocks provides digital-asset custody and stablecoin infrastructure. It has added related capabilities through acquisitions: payments business First DAG in 2022, BlockFold in 2023 for about $10 million, and developer platform Dynamic in October 2025. Those purchases extended its work from institutional custody into payments and tools for on-chain applications.

Visa has pursued its own digital-asset infrastructure plans, including a proposal last October for a data and custody layer connecting banks with on-chain credit. A Fireblocks acquisition would have added custody and blockchain payment services to that effort.