Fireblocks Calls $2.5 Billion Visa Takeover Rumor ‘Not True’
Photo: Unchained
Fireblocks , the crypto custody and stablecoin infrastructure company, pushed back on Thursday against a report that Visa is close to acquiring it for about $2.5 billion . Axios Pro, citing several unnamed sources, said on Oct. 22 that the card network was in late-stage talks to buy Fireblocks. “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,” Fireblocks told The Block . Visa was not the only company tied to a possible deal.
Source: Unchained
