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XYRA Corp. Appoints Global Fintech Visionary Maria Medvedeva as Chairwoman of the Board of Advisors
Globenewswire· 2026-02-09 14:00
CHATSWORTH, Calif., Feb. 09, 2026 (GLOBE NEWSWIRE) -- XYRA Corp., an AI-driven, quantum-secure payment network uniting remittances, fintech, and crypto assets under one tokenized, compliant infrastructure, and a subsidiary of Cavitation Technologies, Inc. (OTCQB: CVAT), today announced the appointment of Maria Medvedeva as Chairwoman of the Board of Advisors of XYRA Corp. At XYRA, Ms. Medvedeva will help guide the company’s expansion as it scales its AI-driven payments infrastructure across the Americas. He ...
XYRA Corp. Appoints Global Fintech Visionary Maria Medvedeva as Chairwoman of the Board of Advisors
Globenewswire· 2026-02-09 14:00
Core Insights - XYRA Corp. has appointed Maria Medvedeva as Chairwoman of the Board of Advisors to guide the company's expansion in AI-driven payments infrastructure across the Americas [1][2] Company Overview - XYRA Corp. is an AI-driven, quantum-secure payment network that integrates remittances, fintech, and crypto assets under a compliant infrastructure [1][9] - The company is a subsidiary of Cavitation Technologies, Inc. and focuses on opportunities within the crypto and digital technologies markets [9] Leadership Experience - Maria Medvedeva has over 25 years of experience in payment technology and financial services, including significant roles at Mastercard and Skyro [3][4] - At Mastercard, she was the first female Country Manager for Saudi Arabia and Bahrain, leading major market expansions [3] - Most recently, she served as Vice Chairwoman at Skyro, overseeing corporate governance and fintech innovation [4] Recognition and Qualifications - Medvedeva was named among the Top 100 Women Business Leaders in the Middle East in 2026 and received the Woman Leader in Finance Award in 2025 [5] - She holds an EMBA from London Business School and is a candidate for Certified Board Director through the GCC Board of Directors Institute [6] Strategic Goals - Medvedeva's leadership is expected to support XYRA's mission to provide faster, lower-cost alternatives to traditional remittance and lending systems through blockchain technology [2][7] - The company is preparing for its initial revenue phase in the second half of 2026 and is pursuing institutional capital to accelerate growth [7]
Cavitation Technologies, Inc. Provides 2025 Business Review and Strategic Outlook for 2026
Globenewswire· 2026-02-03 14:00
Core Insights - Cavitation Technologies, Inc. (CTi) has reported significant milestones in 2025, transitioning its Cavitation Non-Thermal Plasma™ (CNTP™) technology from development to pilot installations, supported by key partnerships in industrial and water treatment sectors [1][3] - The company is expanding into the immersion technology market and digital payment infrastructure through its subsidiary, XYRA Corp., which focuses on next-generation applications [1][5] Company Developments - The CNTP™ technology combines hydrodynamic cavitation with non-thermal plasma to effectively break down contaminants in water without chemicals, currently operating at 20 gallons per minute (GPM) and scalable to higher flow rates [3][4][18] - CTi is pursuing applications in various sectors including industrial water remediation, agriculture, pharmaceuticals, and PFAS removal, while also enhancing its focus on produced and frac water applications through Nano-Reactor systems [4][11] XYRA Corp. Initiatives - XYRA Corp. was established to leverage CNTP™ technology for applications in immersion cooling and digital payment infrastructure, targeting advanced fluid applications and fintech solutions [5][15] - The subsidiary aims to modernize crypto-related infrastructure and create an AI-driven, quantum-secure remittance network to facilitate instant, low-cost cross-border transactions [5][9] Market Opportunities - The global remittance market is projected to exceed $1 trillion by 2030, with significant opportunities in cross-border payments, which currently incur an average fee of 6.5% and take days to settle [9][17] - XYRA's platform is designed to reduce settlement times and costs while addressing security risks associated with quantum computing, aiming to provide financial access to underserved populations [9][12] Future Outlook - Looking ahead to 2026, CTi plans to deepen strategic partnerships and explore additional opportunities aligned with the growing demand for efficient, sustainable, and chemical-free solutions [10] - The company is increasing its investment in research and development, supported by collaborations with universities, to advance CNTP™ toward commercial deployment [11]
XYRA Corp. Announces Strategic Focus on Honduras as a Priority Remittance & Digital Transfers Market
Globenewswire· 2025-12-04 14:44
Core Insights - XYRA Corp. is prioritizing Honduras as a key market for expansion, aiming to enhance its presence in Central America [1][6] - The remittance market in Honduras is significant, with over $9.5 billion received in 2024, primarily from the United States, indicating a strong opportunity for modern transfer solutions [2][5] - The company’s platform is designed to provide faster settlements and lower fees, catering to both banked and cash-dependent users in Honduras [3][5] Company Strategy - The recent appointment of José Rodolfo Zelaya as Strategic Advisor is expected to bolster XYRA's leadership and provide valuable regional insights for executing its strategy in high-impact markets [4][5] - XYRA's technology aligns with local regulations, ensuring compliance by delivering payouts in local fiat through regulated institutions, which facilitates market entry [6] - The company aims to modernize cross-border transfers and explore real-estate tokenization opportunities in Honduras, leveraging existing relationships and experience [5][6] Technological Infrastructure - XYRA's platform supports real-time remittance and cryptocurrency transactions, along with instant fiat conversion, enhancing the overall user experience [3][9] - The technology is designed to integrate seamlessly into XYRA's broader AI-driven, quantum-secure ecosystem, offering multi-currency and multi-rail support [9]
XYRA Corp. Secures a License Agreement for Money Remittance and Cryptocurrency Transactions
Globenewswire· 2025-12-01 14:00
Core Insights - XYRA Corp. has secured a license agreement to accept and process digital assets in real time, including USDC stablecoin and major cryptocurrencies like Bitcoin, Ethereum, and Tether, with instant conversion to U.S. dollars or local fiat currencies [1][3] Group 1: Company Overview - XYRA Corp. is a subsidiary of Cavitation Technologies, Inc., focused on the crypto technologies market and holds an exclusive license for CTI's patented Cavitation Non-Thermal Plasma™ technology [5] - The company aims to capitalize on opportunities in cryptocurrency mining and data center immersion cooling markets [5] Group 2: Infrastructure and Technology - XYRA is developing proprietary infrastructure that enables instant settlements, global reach, and significantly lower fees compared to traditional banking, which typically incurs delays of 2-5 days and costs of 6-8% [2][3] - The newly secured infrastructure will allow XYRA to bring core functionality online faster while expanding its AI-driven, quantum-secure architecture [3] Group 3: Strategic Partnerships - XYRA has formed a strategic partnership with Bitcoin Bancorp, Inc. to integrate its payment and security infrastructure into Bitcoin Bancorp's licensed ATM network across North America [3][4] Group 4: Market Positioning - The company aims to enable merchants to accept crypto or stablecoin seamlessly without altering their existing workflow, providing instant settlements in fiat and supporting transactions in multiple currencies and digital assets [8]
XYRA Corp. Strengthens Government and Institutional Relations in Latin America With Strategic Advisor José Rodolfo Zelaya
Globenewswire· 2025-11-06 14:00
Core Insights - XYRA Corp. has appointed José Rodolfo Zelaya as Strategic Advisor to facilitate its expansion into the Latin American market, leveraging his extensive experience in public policy and investment strategy [1][3][4] - The Latin American market for cross-border remittances is significant, with transactions totaling $161 billion in 2024, indicating a substantial opportunity for companies like XYRA to innovate in this space [4] Company Overview - XYRA Corp. is an AI-driven, quantum-secure payment network that integrates remittances, fintech, and crypto assets under a compliant infrastructure, aiming to modernize cross-border payments and the crypto finance ecosystem [1][5] - The company is a subsidiary of Cavitation Technologies, Inc. and holds an exclusive license for patented Cavitation Non-Thermal Plasma™ technology, positioning it to serve the cryptocurrency mining and data center immersion cooling industries [5][6] Strategic Goals - Mr. Zelaya will focus on business development and government partnerships in Latin America, enhancing XYRA's mission to create a secure and inclusive financial future through innovative technology [2][4] - XYRA aims to address global security challenges in digital finance by introducing a quantum-secure foundation, which is crucial for the region that remains largely untapped by secure fintech solutions [4][5]
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]
XYRA Corp. Targets the Gap Between Mexico's $65B Fintech Market and Cross-Border Remittance Flows
Globenewswire· 2025-10-23 13:00
Core Insights - XYRA Corp. is strategically expanding into Mexico's fintech and remittance markets, aiming to connect these two dynamic financial sectors [1][3] - The company is developing an AI-driven, quantum-secure payment infrastructure that integrates remittances with fintech through tokenization, enhancing financial inclusion [2][6] Industry Overview - Mexico is a significant financial hub, with a remittance corridor and a rapidly growing fintech ecosystem projected to reach $65 billion by 2033 [3] - The country sees millions of transfers from the U.S. weekly, supporting families and small businesses, while over 800 fintech startups provide credit access to millions of users [4] Current Challenges - Despite the growth, remittances and fintech have evolved separately, with traditional transfers taking 2-5 days and incurring fees over 6%, while local fintechs lack access to verified cross-border data [5] XYRA's Solution - XYRA's system allows U.S. users to send money converted into quantum-secure stablecoins, instantly settled in Mexican pesos and accessible via an XYRA credit card [7] - The platform employs post-quantum cryptography and AI to automate compliance, detect fraud, and generate real-time credit scoring, creating a self-reinforcing economic loop [7] Future Prospects - The integration of remittances and fintech is expected to transform traditional money transfers into long-term financial empowerment opportunities [8] - XYRA's initiative marks a significant milestone in bridging the gap between these two sectors, with plans for global expansion [8]
XYRA Corp. Targets the Gap Between Mexico’s $65B Fintech Market and Cross-Border Remittance Flows
Globenewswire· 2025-10-23 13:00
Core Insights - XYRA Corp. is strategically expanding into Mexico's fintech and remittance markets, aiming to connect these two dynamic financial sectors [1][3][8] - The company is developing an AI-driven, quantum-secure payment infrastructure that integrates remittances with fintech through tokenization, enhancing financial inclusion [2][6][7] Industry Overview - Mexico is a significant financial hub, with a remittance corridor and a rapidly growing fintech ecosystem projected to reach $65 billion by 2033 [3] - The country sees millions of transfers from the U.S. weekly, supporting families and small businesses, while over 800 fintech startups provide credit access to millions of users [4] Current Challenges - Despite the growth, remittances and fintech have evolved separately, with traditional transfers taking 2-5 days and incurring fees over 6%, while local fintechs lack access to verified cross-border data [5] XYRA's Solution - XYRA's system allows U.S. users to send money converted into quantum-secure stablecoins, instantly settled in Mexican pesos, and accessible via an XYRA credit card [7] - The integration reduces costs and settlement times, creating a self-reinforcing economic loop that empowers both senders and recipients [7][9] Future Prospects - The initiative marks a significant milestone for XYRA, positioning it for global expansion and establishing a bridge between fintech and remittances [8]
XYRA Corp. Announces the First AI-Driven, Quantum-Secure Remittance Infrastructure to Unite Global Remittances, FinTech, and Tokenization
Globenewswire· 2025-10-16 13:00
Core Insights - XYRA Corp. has launched the first AI-driven, quantum-secure remittance and tokenization network aimed at improving global remittance systems and tapping into multi-trillion-dollar markets [1][3] - The global remittance market is projected to exceed $1 trillion by 2030, with significant inefficiencies in current systems, including high fees averaging 6.5% and slow settlement times of 2-5 days [2][3] - XYRA's platform promises to reduce costs to less than 1% and speed up settlement times to under an hour, while also introducing a credit card linked directly to remittance flows [3] Industry Overview - The global remittance market is projected to reach $905 billion in 2024 and over $1 trillion by 2030, with additional opportunities in cross-border B2B transactions exceeding $122 trillion and tokenized assets reaching $16 trillion by 2030 [2] - Current remittance systems are outdated, costly, and insecure, leading to significant financial losses for families and businesses [2] Company Technology and Infrastructure - XYRA's technology is built on Cavitation Technologies Inc.'s patented Cavitation Non-Thermal Plasma™ systems, which address critical issues in next-generation computing environments [4][5] - The company integrates AI and quantum-secure technology to create a unified ecosystem that enhances remittance processes and transforms them into compliant, income-producing digital assets [6][7] Key Features of XYRA's Platform - The AI Intelligence Layer monitors remittance flows, automates KYC/AML processes, and provides insights from transactions [7] - The Quantum Security Layer employs post-quantum cryptography to protect transactions against future quantum threats [7] - XYRA is developing a regulated infrastructure for issuing asset-backed, quantum-secure stablecoins, facilitating compliant fiat-to-stablecoin transactions [7] Company Background - XYRA Corp. is a subsidiary of Cavitation Technologies, Inc., focused on opportunities in the crypto technologies market and leveraging patented technologies for fluid processing applications [8][9] - The company aims to build a team of experts to explore unique technologies in the rapidly evolving crypto and data center infrastructure sectors [8]