WuShuo has learned that global cross-border payment infrastructure company Nium has announced the acquisition of crypto-native non-custodial wallet and card issuance company Cypher to expand its fiat-to-on-chain asset fund flow infrastructure. Founded in 2022, Cypher has received investments from institutions like Y Combinator and Coinbase Ventures, focusing on on-chain wallet and payment products. After the acquisition, Cypher founder Kuberan Marimuthu will serve as Nium's Vice President of Digital Assets, and the Cypher engineering team will also join Nium. Nium stated that this acquisition will further enhance its capabilities in stablecoin payments, card issuance, and cross-border fund settlements. https://(wublock123.com)/news/nium-acquires-crypto-wallet-cypher-64253