Fireblocks Denies Visa Deal Rumors After $2.5B Buyout Report

Crypto Insight Summary: Visa reportedly entered late-stage discussions to acquire Fireblocks for approximately $2.5 billion, but the crypto infrastructure company quickly denied the claim. The rumored purchase price represents a nearly 69% discount from Fireblocks’ $8 billion valuation in 2022. The conflicting accounts arrive as major payment networks race to control the technology powering stablecoin transfers, custody, and […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Rumors of acquisition and denial create temporary uncertainty but lack concrete market impact.