Fireblocks says reports that Visa is in talks to acquire the crypto custody company for about $2.5 billion are not true at present. The company tells Cointelegraph that the claim is false, and it also says Visa declined to comment on the reported discussions.

Other outlets reference the same underlying reporting. CoinDesk and The Block both cite an Axios report as the source of the acquisition speculation, but they frame the story around Fireblocks’ denial rather than the alleged talks. In each case, the focus is on whether the proposed deal is currently under discussion and on the lack of confirmation from Visa.