I would just do your hot work, then get it properly heat treated again by a blade place. For one blade its pretty cheap. The local place here only charges 9 bucks.
If you dont get it re hardened you'll end up with a soft ended tool that will likely gall neighboring tools or scales, or bend and not bend back.
You can try to heat sync it, or freeze it in ice or a number of other tricks, but the bottom line is that whatever you weld wont be good hard tempered steel when your done. If it's good enough for you then maybe it doenst matter. It's probably just easier at this point to buy some blade steel and make your own.