Fireblocks Denies Report of $2.5 Billion Visa Takeover Talks
Photo: Bitcoin Magazine
Fireblocks has denied an Axios report that Visa is in late-stage talks to acquire the crypto custody firm for about $2.5 billion. Fireblocks has denied a report that Visa is in late-stage talks to buy the institutional crypto custody and stablecoin infrastructure firm for around $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,” the company told The Block on Thursday. The denial came hours after Axios reported , citing multiple sources, that the two sides were close to a deal.
Also reported by BeInCrypto, Coinotag, The Defiant.
Source: Bitcoin Magazine
