Nium Acquires Crypto Wallet Provider Cypher, to Close Platform by September 6

According to an official announcement on July 9, Nium, a global cross-border payment infrastructure company, is acquiring Cypher, a non-custodial crypto wallet and card issuance platform. The two will combine digital asset capabilities with Nium's global payment network to advance fiat-to-on-chain payment services.

Cypher's existing platform, including its consumer app, corporate card service, and CYPR ecosystem, will be gradually phased out and officially cease operations on September 6, 2026.

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