Fireblocks denied reports that Visa was in advanced talks to acquire the crypto custody and infrastructure company for approximately $2.5 billion. A Fireblocks spokesperson told Cointelegraph that the rumor was “not true at present time.” Axios reported that the payments giant was in advanced discussions, while Visa declined to comment on the speculation. The reported price would represent a steep discount from Fireblocks’ last publicly disclosed valuation of more than $8 billion following a $550 million Series E funding round in January 2022.
Source: Read the original article


