Businessstartups
Report: Visa in Advanced Talks to Acquire Israeli Firm Fireblocks
Global financial giant Visa is reportedly in advanced discussions to acquire Israeli cybersecurity and digital asset startup Fireblocks for approximately $2.5 billion. The potential acquisition highlights the increasing convergence of traditional financial institutions and blockchain technology. Fireblocks has built a robust reputation for its patented Secure Transfer Environment, which protects digital asset flows between institutional entities and broader market networks.