Singaporean Payments Unicorn Nium Launches Crypto-as-a-Service Platform

Singaporean Payments Unicorn Nium Launches Crypto-as-a-Service Platform
Singapore-based payments unicorn Nium has rolled out a crypto-as-a-service (CaaS) offering aimed at financial institutions.Nium provides turn-key purpose-built API suites for new and traditional finance companies. Its latest offering seeks to provide ready-made tools amid a period of high demand in crypto.The company said its new CaaS will provide institutions with “in-demand capabilities” for crypto investment and initially supports up to five cryptos, according to a statement on Monday.Through an API connection to its platform, the firm says its clients can embed crypto marketplace services, along with KYC, regulatory monitoring, brokerage, custody, and processing.Nium has decided to launch its product…