Visa in late-stage talks to buy Fireblocks for ~$2.5B

Visa is in late-stage talks to acquire stablecoin infrastructure and custody provider Fireblocks for about $2.5 billion, Axios Pro reports. The deal would be Visa's first acquisition in the stablecoin sector.

• Deal value is estimated at about $2.5 billion
• Fireblocks provides stablecoin custody and infrastructure
• It would be Visa's first acquisition in the stablecoin sector
• Talks are reportedly in late stages