Deadpool fans looking for one last holiday gift will be excited to know that franchise star Ryan Reynolds has just confirmed that Deadpool 3 is in development at Marvel Studios!

Reynolds stopped by Live With Kelly and Ryan to discuss the holiday season, as well as his career, and that is when he revealed that “the whole team” is back working on the latest adventure for the merc with a mouth. Skip to 9:28 in the video below to see Reynolds’ comments.

“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 kinda crazy. So yeah, we’re working on it.”

It isn’t a total surprise that Kevin Feige and co. would be working on a Deadpool film. The previous two outings for the character grossed more than $780 million globally. While talk of rebooting the X-Men has remained constant since Disney purchased 20th Century Fox, Deadpool was always intended to remain as is, with the cast expected to return.

What remains unconfirmed is the planned X-Force film, which was originally set to be directed by Drew Goddard (Bad Times at the El Royale). Aside from Deadpool 3, we’ll have to wait and see what Marvel’s larger plans for mutants are.