Transaction · Crypto / Stablecoin · 2026

Nium acquires Cypher

Nium acquired Cypher for $250M on July 8, 2026.

Target
Cypher
Acquirer
Nium
Deal value
$250M
Announced
July 8, 2026
Sub-sector
Crypto / Stablecoin

Transaction overview

  • Nium announced the acquisition of Cypher on July 8, 2026 for $250M.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Nium acquires Cypher to expand fiat-to-on-chain money movement capabilities

Deal terms & multiples

Deal value
$250M
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
July 8, 2026
Acquirer
Nium (Strategic)
Sub-sector
Crypto / Stablecoin

Frequently asked questions

How much did Nium pay for Cypher?

Nium acquired Cypher for $250M, announced on July 8, 2026.

When did Nium announce the acquisition of Cypher?

Nium announced the acquisition of Cypher on July 8, 2026.

What sub-sector is Cypher in?

Cypher is tracked in the Crypto / Stablecoin sub-sector.

Sources

  • prnewswire.com /news-releases/nium-acquires-cypher-expanding-its-fiat-to-on-chain-money-movement-infrastructure-302821241.html