ChainCatcher report: According to official announcements, global cross-border payment infrastructure company Nium has acquired the crypto-native non-custodial wallet and card issuance company Cypher. The two companies will combine their digital asset and global payment network capabilities to advance fiat-to-chain payment services. Meanwhile, Cypher’s existing platform—including its consumer app, enterprise card platform, and CYPR ecosystem—will be gradually shut down and will officially cease operations on September 6, 2026.
Nium Acquires Crypto Wallet Company Cypher to Expand On-Chain Payment Services
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Summary
Nium has acquired the crypto wallet company Cypher to enhance on-chain capabilities and expand fiat-to-chain payment services. The integration aims to connect digital assets with global payment networks. Cypher’s platform, including its app and card services, will be discontinued by September 6, 2026. This move aligns with evolving global crypto regulations and increasing demand for cross-border solutions.
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