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Visa Negotiates Acquisition of Fireblocks Valued at Approximately $2.5 Billion

On October 22, Bloomberg reported that Visa is in talks to acquire the cryptocurrency custody infrastructure company Fireblocks, with a transaction valuation of approximately $2.5 billion. If the deal is finalized, it will further expand Visa's presence in the digital asset custody and blockchain payment infrastructure sectors. This information is yet to be confirmed, and specific terms and progress of the acquisition negotiations have not been disclosed.

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