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XYRA Corp. Partners with Bitcoin Bancorp to Redefine Crypto ATM Infrastructure
Globenewswire·2025-10-31 13:00

Core Insights - XYRA Corp. has announced a strategic partnership with Bitcoin Bancorp, Inc. to develop next-generation crypto payment solutions across North America [1][2] - The collaboration aims to integrate XYRA's AI-driven, quantum-secure payment infrastructure with Bitcoin Bancorp's licensed ATM network and patented technologies [2][4] Industry Overview - The global crypto ATM market is projected to reach USD 5.45 billion by 2030, with a compound annual growth rate (CAGR) of over 60% [3] - The resurgence of crypto ATMs is expected to be a significant driver of market growth [3] Company Positioning - Bitcoin Bancorp owns North America's first licensed Bitcoin ATM network and holds key U.S. patents essential for Bitcoin ATM operations [4][7] - The partnership is positioned to transform a fragmented industry into a scalable, secure, and compliant ecosystem for operators and customers [5][6] Technological Advancements - The integration of XYRA's technology will provide benefits such as tokenized payments, real-time compliance, and advanced fraud detection [4][10] - Future developments include faster settlements with real-time processing, automated compliance, and post-quantum cybersecurity [10]