Fireblocks denies $2.5B Visa talks, but "at this time" leaves a door open

Fireblocks has denied an Axios Pro report stating that Visa is in advanced talks to buy the crypto custody company for roughly $2.5 billion. The company clarified that the news was “not true at present time,” suggesting that a deal could be reached later. Is Fireblocks going to be acquired by Visa? Axios Pro, citing multiple sources, reported that Visa is in advanced talks to buy the crypto custody company Fireblocks. The outlet framed the purchase as what would be Visa’s first acquisition in the crypto space. Mastercard , its larger payments rival, already owns a stablecoin company. A Fireblocks spokesperson cleared up the rumor , saying that the acquisition news is “not true at present time.” Visa’s spokesperson simply said that the company does not “comment on rumors or…

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