GlobesEconomy
Visa in Talks to Acquire Israeli Fintech Fireblocks for $2.5 Billion
Translated & summarized from Globes by baba
BusinessNeutral tone
Plus
Visa is reportedly in talks to acquire the Israeli fintech firm Fireblocks for about $2.5 billion. Fireblocks develops infrastructure for digital assets and cryptocurrencies. The company has denied the acquisition reports.
The story in 3 lines · by baba
- Visa is reportedly negotiating to buy Israeli fintech Fireblocks for $2.5 billion.
- Fireblocks develops infrastructure for digital assets and cryptocurrencies.
- The company has denied the acquisition talks.
American payments giant Visa is reportedly in negotiations to acquire the Israeli fintech company Fireblocks. The deal is said to be valued at approximately $2.5 billion. Fireblocks specializes in developing infrastructure for the security, storage, and transfer of digital assets and cryptocurrencies.
The company has denied the acquisition talks. Further details are expected to emerge.
Mentioned
