--- title: "Fireblocks says it is not in talks to be bought by Visa, denying a reported $2.5 billion deal" description: "A reported price of $2.5 billion would be less than a third of the crypto custody firm's 2022 valuation, and the company says the reports are not true at…" url: https://business-finance.skoop.news/fireblocks-denies-report-of-2-5b-visa-takeover-talks-af351b/ published: 2026-10-22T15:31:12.976646-04:00 modified: 2026-10-22T15:31:12.976646-04:00 section: "Business & Finance" publisher: "skoop.news" language: en keywords: ["Fireblocks", "Cross River", "Visa-owned Fireblocks", "Visa", "Axios", "Coinbase", "BVNK", "trading", "crypto", "payments"] hashtags: ["#CrossRiver", "#VisaOwnedFireblocks", "#Visa", "#Trading", "#business"] image: https://thumb.wikimedia.org/wikipedia/commons/thumb/5/5f/Congrats_Brian_Armstrong_on_the_Coinbase_IPO%21_%2851124145378%29.jpg/1280px-Congrats_Brian_Armstrong_on_the_Coinbase_IPO%21_%2851124145378%29.jpg?utm_source=commons.wikimedia.org&utm_campaign=imageinfo&utm_content=thumbnail --- # Fireblocks says it is not in talks to be bought by Visa, denying a reported $2.5 billion deal > A reported price of $2.5 billion would be less than a third of the crypto custody firm's 2022 valuation, and the company says the reports are not true at present. Published 2026-10-22 · Business & Finance, [skoop.news](https://skoop.news/) ## In brief - Fireblocks says it is not in talks to be bought by Visa, which matters to the banks, crypto exchanges and payment companies that use its software. [[1]](https://www.altcoinbuzz.io/fireblocks-denies-report-of-2-5b-visa-takeover-talks) [[2]](https://beincrypto.com/fireblocks-denies-visa-acquisition-report/) - Anonymous sources told CoinDesk that Coinbase was also in the frame to buy Fireblocks. [[3]](https://www.coindesk.com/business/2026/10/22/crypto-custody-specialist-fireblocks-denies-its-in-talks-to-be-acquired-by-visa) - Fireblocks raised $550 million at an $8 billion valuation in January 2022. [[2]](https://beincrypto.com/fireblocks-denies-visa-acquisition-report/) ## A denial against a reported deal Fireblocks says it is not in talks to be bought by Visa, which matters to the banks, crypto exchanges and payment companies that use its software. [[1]](https://www.altcoinbuzz.io/fireblocks-denies-report-of-2-5b-visa-takeover-talks) [[2]](https://beincrypto.com/fireblocks-denies-visa-acquisition-report/) Axios reported that Visa was in late-stage talks to acquire the company for around $2.5 billion. [[2]](https://beincrypto.com/fireblocks-denies-visa-acquisition-report/) A Fireblocks spokesperson said the reports were news to the company and not true at the present time. [[2]](https://beincrypto.com/fireblocks-denies-visa-acquisition-report/) Visa has not confirmed the talks, and it did not respond to requests for comment. [[1]](https://www.altcoinbuzz.io/fireblocks-denies-report-of-2-5b-visa-takeover-talks) [[3]](https://www.coindesk.com/business/2026/10/22/crypto-custody-specialist-fireblocks-denies-its-in-talks-to-be-acquired-by-visa) ## Coinbase enters the story Anonymous sources told CoinDesk that Coinbase was also in the frame to buy Fireblocks. [[3]](https://www.coindesk.com/business/2026/10/22/crypto-custody-specialist-fireblocks-denies-its-in-talks-to-be-acquired-by-visa) After the Axios story was published, Coinbase denied it was involved in a possible transaction. [[3]](https://www.coindesk.com/business/2026/10/22/crypto-custody-specialist-fireblocks-denies-its-in-talks-to-be-acquired-by-visa) Smoke has circulated for three or four weeks about a potential sale of Fireblocks. [[3]](https://www.coindesk.com/business/2026/10/22/crypto-custody-specialist-fireblocks-denies-its-in-talks-to-be-acquired-by-visa) The denials from Fireblocks and Coinbase address specific reports, and Visa has said nothing on the matter. [[1]](https://www.altcoinbuzz.io/fireblocks-denies-report-of-2-5b-visa-takeover-talks) [[3]](https://www.coindesk.com/business/2026/10/22/crypto-custody-specialist-fireblocks-denies-its-in-talks-to-be-acquired-by-visa) ## The price against the 2022 valuation Fireblocks raised $550 million at an $8 billion valuation in January 2022. [[2]](https://beincrypto.com/fireblocks-denies-visa-acquisition-report/) Another account of that round puts the valuation at more than $8 billion. [[1]](https://www.altcoinbuzz.io/fireblocks-denies-report-of-2-5b-visa-takeover-talks) A $2.5 billion sale would be less than a third of that 2022 valuation. [[1]](https://www.altcoinbuzz.io/fireblocks-denies-report-of-2-5b-visa-takeover-talks) ## What Fireblocks sells Fireblocks is not a consumer wallet. It sells infrastructure that businesses use to move and hold digital assets. [[1]](https://www.altcoinbuzz.io/fireblocks-denies-report-of-2-5b-visa-takeover-talks) Its software lets banks, crypto exchanges and payment companies securely hold and move those assets. [[2]](https://beincrypto.com/fireblocks-denies-visa-acquisition-report/) The company specializes in crypto custody using multi-party computation (MPC) and related key-sharding technologies. [[3]](https://www.coindesk.com/business/2026/10/22/crypto-custody-specialist-fireblocks-denies-its-in-talks-to-be-acquired-by-visa) It says it streamlines stablecoin payments, settlement, custody, tokenization and trading operations. [[1]](https://www.altcoinbuzz.io/fireblocks-denies-report-of-2-5b-visa-takeover-talks) ## Why Visa would be a logical suitor, and the neutrality question Visa and Fireblocks, alongside Cross River, have taken stablecoin rails live for commercial use. [[1]](https://www.altcoinbuzz.io/fireblocks-denies-report-of-2-5b-visa-takeover-talks) Visa launched its own stablecoin platform in July. [[2]](https://beincrypto.com/fireblocks-denies-visa-acquisition-report/) Mastercard completed its acquisition of stablecoin infrastructure firm BVNK in August. [[2]](https://beincrypto.com/fireblocks-denies-visa-acquisition-report/) Some Fireblocks customers compete with Visa. That raises the question of whether a Visa-owned Fireblocks would remain a neutral technology provider. [[2]](https://beincrypto.com/fireblocks-denies-visa-acquisition-report/) ## What this means for Fireblocks customers If you use Fireblocks, the company's position is that it is not in talks to be bought by Visa. [[1]](https://www.altcoinbuzz.io/fireblocks-denies-report-of-2-5b-visa-takeover-talks) Its spokesperson said the reports were not true at the present time. [[2]](https://beincrypto.com/fireblocks-denies-visa-acquisition-report/) Visa has not confirmed any talks, so the Axios report of a roughly $2.5 billion deal remains a report. [[1]](https://www.altcoinbuzz.io/fireblocks-denies-report-of-2-5b-visa-takeover-talks) [[2]](https://beincrypto.com/fireblocks-denies-visa-acquisition-report/) If you compete with Visa, the neutrality question applies to you, because some Fireblocks customers do. [[2]](https://beincrypto.com/fireblocks-denies-visa-acquisition-report/) ## Sources 1. [Fireblocks Denies Report of $2.5B Visa Takeover Talks](https://www.altcoinbuzz.io/fireblocks-denies-report-of-2-5b-visa-takeover-talks) — Altcoin Buzz 2. [Fireblocks Denies $2.5 Billion Visa Buyout Claims](https://beincrypto.com/fireblocks-denies-visa-acquisition-report/) — Yahoo Finance 3. [Crypto custody specialist Fireblocks denies it's in talks to be acquired by Visa](https://www.coindesk.com/business/2026/10/22/crypto-custody-specialist-fireblocks-denies-its-in-talks-to-be-acquired-by-visa) — CoinDesk Image: Photo: Steve Jurvetson from Los Altos, USA / Wikimedia Commons, CC BY 2.0 (https://commons.wikimedia.org/wiki/File:Congrats_Brian_Armstrong_on_the_Coinbase_IPO!_(51124145378).jpg) --- Written from the sources above and checked twice (rules and an independent model) before publishing. How we work: https://skoop.news/how-we-work/ · Corrections: https://skoop.news/corrections/