Fireblocks rejects reports of a $2.5 billion acquisition by Visa

Axios reported that Visa was discussing a potential acquisition of the crypto custody company, according to CoinDesk. Fireblocks denied the reports. The reported $2.5 billion price would be roughly 69% below the company’s $8 billion valuation from a funding round in 2022, according to CTech.

Covered by 2 publishers within 1 hour of the first report.

• CoinDesk: Crypto custody specialist Fireblocks denies it's in talks to be acquired by Visa

Reporting2

CTE CTech “Not true at present time”: Fireblocks rejects reports of $2.5 billion Visa deal 9:59 AM

CD CoinDesk Crypto custody specialist Fireblocks denies it's in talks to be acquired by Visa · Ian Allison 10:37 AM

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Topics Crypto