Visa Reportedly in Final Talks to Buy Fireblocks for $2.5 Billion
Photo: DailyCoin
Visa is in late-stage talks to acquire Fireblocks, a digital asset infrastructure and custody provider, for approximately $2.5 billion, Axios reported on October 22. The reported acquisition would expand Visa’s access to institutional crypto infrastructure as the payments giant accelerates its stablecoin strategy. Neither company has confirmed the deal. Visa and Fireblocks Reportedly Near $2.5 Billion Deal Visa is reportedly pursuing Fireblocks to expand its capabilities in digital asset custody and crypto infrastructure, according to Axios, which cited multiple sources familiar with the negotiations. One source described the discussions as being in their final stages.
Source: DailyCoin
