Deals·October 22, 2026 at 8:40 AM EDT·3 sources
Sources: Visa is in late-stage talks to buy stablecoin custody and infrastructure provider Fireblocks for ~$2.5B, its first acquisition in the stablecoin sector (Lucinda Shen/Axios)
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News
acquisition, log scale$2.5B
$100M$1B$10B$100B
What happened
- Visa is in late-stage talks to acquire stablecoin custody and infrastructure provider Fireblocks.
- The proposed transaction would be Visa’s first acquisition in the stablecoin sector.
- Axios reported the talks based on multiple sources; no deal closing was announced.
Reported transaction value
~$2.5B
Why it matters
The potential acquisition would expand Visa’s stablecoin infrastructure and custody capabilities, making it relevant to payments, fintech, and technology M&A professionals.
What to watch. Whether Visa and Fireblocks reach a definitive agreement and announce the transaction.
Deal terms
acquisition
Visa → Fireblocks
Value
$2.5B
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Timeline
- EarlierOct 13Visa gets Beijing's green light for bank card business after 40 years of working with China
- EarlierOct 16U.S. raises Mastercard, Citigroup China market access in bilateral Bangkok talks, official says
- First reported by TechmemeOct 22Sources: Visa is in late-stage talks to buy stablecoin custody and infrastructure provider Fireblocks for ~$2.5B, its first acquisition in the stablecoin sector (Lucinda Shen/Axios)
- The Block reportsOct 22Fireblocks denies report of $2.5 billion acquisition talks with Visa
- CoinDesk reportsOct 22Crypto custody specialist Fireblocks denies it's in talks to be acquired by Visa
Who is involved
acquiringSources: Visa is in late-stage talks to buy stablecoin custod…FireblockstargetVisaV · buyer
CompanyThe deal
Sources (3)
- TechmemeOct 22Sources: Visa is in late-stage talks to buy stablecoin custody and infrastructure provider Fireblocks for ~$2.5B, its first acquisition in the stablecoin sector (Lucinda Shen/Axios)
- The BlockOct 22Fireblocks denies report of $2.5 billion acquisition talks with Visa
- CoinDeskOct 22Crypto custody specialist Fireblocks denies it's in talks to be acquired by Visa
Related
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