Fireblocks disputes report of $2.5B Visa acquisition talks

Fireblocks told Cointelegraph that reports of a potential $2.5 billion acquisition by Visa are “not true at present time,” while Visa declined to comment on the reported talks.

Crypto custody and infrastructure provider Fireblocks is disputing a report that payments giant Visa is in late-stage talks to acquire the company for about $2.5 billion.

“We are aware of the rumors about a possible acquisition of Fireblocks by Visa. This is news to us, and not true at present time,” a Fireblocks spokesperson told Cointelegraph on Thursday.

Axios reported Thursday, citing multiple sources, that the payment giant was in advanced discussions to acquire Fireblocks for approximately $2.5 billion.

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