Visa talks to buy Fireblocks for $2.5 billion

Visa is in late-stage talks to acquire crypto custody firm Fireblocks for around $2.5 billion, according to an Axios report. This proposed transaction would rank among the largest acquisitions in crypto industry history, below Coinbase's $2.9 billion purchase of Deribit in 2025. Fireblocks was last valued at $8 billion in 2022.