Fireblocks Denies Report of $2.5B Visa Acquisition Talks
๐ซ Fireblocks has refuted claims of Visa being in talks to acquire the crypto custody firm for $2.5 billion, stating the rumors are untrue.
๐ฐ The company, which manages over $300 billion in stablecoin transactions monthly, has significantly expanded its customer base from 150 to 2,500 since 2021.
๐ Visa's involvement in the crypto space includes investing in BVNK and facilitating stablecoin settlements, with its annualized stablecoin settlement volume exceeding $20 billion.
๐ซ Fireblocks has refuted claims of Visa being in talks to acquire the crypto custody firm for $2.5 billion, stating the rumors are untrue.
๐ฐ The company, which manages over $300 billion in stablecoin transactions monthly, has significantly expanded its customer base from 150 to 2,500 since 2021.
๐ Visa's involvement in the crypto space includes investing in BVNK and facilitating stablecoin settlements, with its annualized stablecoin settlement volume exceeding $20 billion.