Fans worried about the Deadpool franchise following Disney's acquisition of Fox can now rest easy. Actor Ryan Reynolds has confirmed Marvel Studios is working on a third Deadpool installment.

Reynolds told the hosts of Live With Kelly And Ryan that "the whole team" at Marvel is working on Deadpool 3. "Yeah, we're working on it right now with the whole team," Reynolds said. "We're over at Marvel [Studios] now, which is like the big leagues all of a sudden. It's kind of crazy. So yeah, we're working on it." The actor teased something Marvel-related earlier this year when he visited Marvel to "audition for the role of 'Anthony Stark.'"

Deadpool 3 doesn't have a definitive release date or window yet. It also remains unclear whether David Leitch (Deadpool 2) or Tim Miller (Deadpool) will return to direct the third installment.

Reynolds, who voiced Pikachu in Rob Letterman's 2019 fantasy mystery film Detective Pikachu, is slated to appear in the star-studded action-thriller Red Notice. The film is expected to land sometime in 2021 and stars Dwayne "The Rock" Johnson, Wonder Woman's Gal Gadot, and more.

Until Red Notice hits theatres, Reynolds has a few projects coming in the next year. The actor will appear in The Hitman's Wife's Bodyguard (director by Patrick Hughes), Free Guy (director by Shawn Levy), and The Croods 2 (directed by Joel Crawford). He is also attached to a silly adaptation of A Christmas Carol, as well as workshopping a funny reimagining of Home Alone called Stoned Alone.