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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.
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