✓ Verified by 4+ outlets
Fireblocks says a reported $2.5 billion Visa takeover is "not true at present time"
⚪NeutralIt is an unconfirmed takeover report that the company denies, with no deal and no direct link to any coin.News sentiment, not financial advice. It reflects the likely impact of this news, not a price prediction.
Summary
Crypto custody firm Fireblocks denied an Axios report that Visa was in late-stage talks to buy it for about $2.5 billion, CoinDesk, The Block, Bitcoin Magazine and Cointelegraph reported.
"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 said, per all four outlets.
A Visa spokesperson told Cointelegraph the company does not comment on "rumors or speculation," while CoinDesk said Visa did not respond to its requests for comment.
The reported price would be a steep drop from the $8 billion valuation Fireblocks reached when it raised $550 million in January 2022, the outlets noted.
Key facts
- Axios cited multiple unnamed sources, according to CoinDesk and Cointelegraph.
- CoinDesk said talk of a possible sale had circulated for three or four weeks and that anonymous sources had named Coinbase as another possible buyer; Coinbase later denied involvement.
- Bitcoin Magazine said Fireblocks' customers include BNY Mellon, Worldpay, Revolut and Galaxy, and that it says it has secured transfers across more than 150 blockchains.
- Bitcoin Magazine said a deal would have been one of crypto's largest, behind Coinbase's $2.9 billion Deribit purchase and Naver Financial's pending $10.3 billion deal for Upbit parent Dunamu.
- Cointelegraph said data provider Tracxn listed the $8 billion valuation as recently as Dec. 11, 2025.