Fireblocks Denies Report of $2.5B Visa Acquisition Talks
Visa declined to comment on the report, which cited multiple sources and put a price well below the $8 billion valuation Fireblocks reached in 2022.
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Visa declined to comment on the report, which cited multiple sources and put a price well below the $8 billion valuation Fireblocks reached in 2022.
Visa declined to comment on the report, which cited multiple sources and put a price well below the $8 billion valuation Fireblocks reached in 2022.
Visa reportedly entered late-stage discussions to acquire Fireblocks for approximately $2.5 billion, but the crypto infrastructure company quickly denied the claim. The rumored purchase price represents a nearly 69% discount from Fireblocks’…
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Earlier today, Axios reported that Visa is in late-stage talks to acquire crypto infrastructure company Fireblocks for around $2.5 billion. Fireblocks has rejected the claim. “We are aware of the rumors about…
Bitcoin Magazine Fireblocks Denies Report of $2.5 Billion Visa Takeover Talks Fireblocks has denied an Axios report that Visa is in late-stage talks to acquire the crypto custody firm for about $2.5…
The reported negotiations follow Mastercard’s completed acquisition of BVNK, a stablecoin infrastructure deal priced at up to $1.8 billion.
Visa is reportedly in talks to acquire Fireblocks for $2.5 billion, a price nearly 69% below its 2022 valuation, as the card giant expands stablecoin payments.
Shinhan Card partners with SBI Group to test yen stablecoin card payments, wallet transfers and trade settlement between Japan and South Korea.
The companies will assess safeguards for travelers and whether stablecoins can speed up trade settlement between South Korea and Japan.
Merchants would receive fiat through Visa payments, while Mesh handles conversion. Initial availability and participating platforms have yet to be announced.
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