Nium announces it has acquired Cypher to expand its infrastructure for compliant money movement between fiat and digital assets. In a July 8, 2026 press release, the company says the acquisition is intended to develop Nium as a core layer for value exchange that bridges traditional financial rails and on-chain activity. Nium describes Cypher as a crypto-native company offering a non-custodial wallet and issuing capabilities. The combination is presented as a way to integrate Cypher’s wallet and issuance features with Nium’s existing cross-border payments infrastructure. Nium frames the approach around compliance and the movement of value across jurisdictions, positioning the combined offering to support fiat-to-on-chain use cases. Both sources characterize the deal as strengthening Nium’s role in payments infrastructure and expanding its capabilities to handle crypto interactions without custody held by the wallet provider. Financial terms of the acquisition are not included in the provided excerpts.