# Fireblocks Says Visa Acquisition Report Was Not True at the Time By John Kim Canonical URL: https://www.tokenpost.com/news/business/40157 Published: 2026-10-24T17:04:54.000Z Updated: 2026-10-24T17:04:54.000Z Section: Business > The $2.5 billion price remains unconfirmed; Fireblocks’ last disclosed valuation topped $8 billion in a 2022 funding round. Fireblocks said Thursday that talk of a possible Visa acquisition was not true at that time, while Visa said it does not comment on rumors or speculation; the $2.5 billion price remains unconfirmed. A Fireblocks spokesperson said the possibility was new to the company and not true at the time. Neither company announced a transaction. Fireblocks’ most recent public valuation disclosure came with a $550 million Series E financing in Jan. 2022, when the company was valued at more than $8 billion. That was a fundraising valuation, separate from the unconfirmed reported purchase price. Visa has continued expanding stablecoin services. Zerohash partnered with Visa in August to add stablecoin funding and payouts to Visa Direct. Visa said in September that its stablecoin settlement volume had exceeded a $20 billion annualized pace, more than 15 times the prior year. Visa also moved [stablecoin prefunding for Visa Direct into commercial deployment](). Mastercard completed its BVNK acquisition in August after announcing in March an agreement to pay up to $1.8 billion. ## Links in this article - [stablecoin prefunding for Visa Direct into commercial deployment](https://www.tokenpost.com/news/business/33200)