Visa in talks to buy Fireblocks for about $2.5B, according to Axios Pro
FROM THE WIRE · SEEKINGALPHA.COM
[credit card] hatchapong/iStock Editorial via Getty Images UPDATE 9:53AM: Adds Fireblocks denial. Visa Inc. (V [https://seekingalpha.com/symbol/V]) is in advanced discussions to acquire stablecoin infrastructure and custody company Fireblocks for about $2.5 billion, according to…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA $2.5B deal in stablecoin infrastructure matters, but it is unconfirmed and Fireblocks has denied it.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01According to Axios Pro, Visa is in advanced talks to acquire Fireblocks for about $2.5 billion.
- 02Fireblocks provides infrastructure and custody for stablecoins and digital assets.
- 03Fireblocks has denied the report, as noted in the article update.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets