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Visa reportedly in talks to buy Fireblocks for about $2.5 billion
Visa is reportedly in talks to acquire Fireblocks for about $2.5 billion, according to an October 22 Axios report. Fireblocks provides crypto custody and stablecoin infrastructure.
- Fireblocks provides crypto custody and stablecoin infrastructure for banks and payment companies.
- Fireblocks was valued at $8 billion in its 2022 Series E funding round.
- Neither company has announced a definitive agreement, and the reported talks remain subject to negotiation.
Andreessen Horowitz plans to drop crypto from fund branding
Birdeye launches Peak terminal for institutional crypto research
Analytics platform launches real time data feeds for tokenized markets
Reflect launches Create tool for custom yield-bearing stablecoins on Solana
Reflect Money launched Create on Solana, a tool for issuing custom yield-bearing stablecoins in one transaction. Users can attach their own branding and select collateral from a reviewed set.
Tesla and SpaceX merger talks spark discussions on Bitcoin treasury holdings
Tesla and SpaceX have formed a special committee to explore a potential merger. The combined companies could hold thousands of Bitcoin in treasury reserves. SpaceX holds BTC according to recent reports.
CoinDCX disputes on-chain claims over suspected $16 million incident
On-chain claims have challenged CoinDCX's explanation of a suspected $16 million incident. Analysts said about 15.819 million USDT moved to a TRON wallet from CoinDCX-linked addresses.
BitGo launches BitGo Labs to focus on AI and crypto
BitGo has launched BitGo Labs, an innovation unit focused initially on the intersection of artificial intelligence and crypto.
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