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Fireblocks Denies $2.5 Billion Visa Buyout Claims

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Fireblocks Denies $2.5 Billion Visa Buyout Claims

Earlier today, Axios reported that Visa is in late-stage talks to acquire crypto infrastructure company Fireblocks for around $2.5 billion. Fireblocks has rejected the claim. “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 BeInCrypto. The post Fireblocks Denies $2.5 Billion Visa Buyout Claims appeared first on BeInCrypto.

Key Takeaways

  1. Earlier today, Axios reported that Visa is in late-stage talks to acquire crypto infrastructure company Fireblocks for around $2.5 billion.
  2. Fireblocks has rejected the claim.
  3. “We are aware of the rumors about a possible acquisition of Fireblocks by Visa.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.