Fireblocks denies report of $2.5B acquisition talks with Visa

A flat on-the-record denial matters here because it closes off, at least publicly, the most concrete consolidation story linking a card network to crypto custody infrastructure. The episode shows how quickly speculative M&A narratives attach to custody providers, a segment where trust and licensing make scale valuable. What's worth watching is whether the denial ends the speculation or merely pauses it, and whether other payments players are credibly linked to custody targets. For now, the reported tie-up remains unconfirmed, and the burden of proof sits with whoever revisits the claim.