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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
CHATSWORTH, Calif., Dec. 01, 2025 (GLOBE NEWSWIRE) -- XYRA Corp., a subsidiary of Cavitation Technologies, Inc. (OTCQB: CVAT), an AI-driven, quantum-secure payment network uniting remittances, fintech, and crypto assets under one tokenized, compliant infrastructure, today announced that it has secured a license agreement that will enable XYRA to accept and process digital assets in real time, such as USDC stablecoin, as well as leading cryptocurrencies like Bitcoin, Ethereum, and Tether, with instant conver ...
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]
CTi Welcomes Dr. Luis F. Quintero to Advisory Board, Strengthening Focus on Oil & Gas and Frack & Produced Water
Globenewswire· 2025-10-09 10:00
Core Insights - Cavitation Technologies, Inc. has appointed Dr. Luis F. Quintero to its Advisory Board to enhance its focus on international expansion and growth in the oil & gas industry [1][2] Company Overview - Cavitation Technologies, Inc. is a leading provider of advanced fluid processing and water treatment technologies, founded in 2007 [7] - The company specializes in innovative flow-through nano-technology systems for various applications, including water treatment, agriculture, pharmaceuticals, and oil & gas [7][8] - The core products include Nano Reactor® systems with capacities ranging from 10 to 500 gallons per minute (GPM) and Cavitation Non-Thermal Plasma™ technology, which operates at 20 GPM [8] Industry Focus - The company is exploring new applications for its technology in frack and produced water treatment, a rapidly growing segment in the oil & gas industry [2] - Dr. Quintero's expertise in water management and reservoir engineering is expected to enhance the company's capabilities in addressing produced water treatment challenges [5][6] Leadership and Expertise - Dr. Quintero has over 40 years of international experience in petrophysics, production management, and water management, having worked with major energy companies like Chevron, BP, and ARAMCO [3][4] - He has authored over 25 international technical papers and holds 8 U.S. patents related to water flow evaluation and production optimization [4] Strategic Initiatives - Dr. Quintero will collaborate with Duane Germenis to accelerate initiatives in produced water treatment and reuse, positioning the company as a leader in sustainable solutions for environmental challenges in the energy sector [5][6]
XYRA Corp. Positioned to Capitalize on Explosive Growth in Data Center Immersion Cooling Market
Globenewswire· 2025-10-01 10:00
Core Insights - XYRA Corp. is strategically positioned to leverage the growing data center immersion cooling market, projected to grow from $4.87 billion in 2025 to $11.10 billion by 2030, with a CAGR of 17.91% [1][3] Industry Overview - The immersion cooling market is expected to see over 50% of new hyperscale capacity relying on liquid cooling by 2027, driven by the increasing demand for AI and high-density computing [3] - Major players like Amazon Web Services (AWS) and Shell are entering the market, indicating a shift towards advanced cooling solutions [4] Company Positioning - XYRA holds an exclusive license for Cavitation Non-Thermal Plasma™ technology, which enhances heat transfer, extends fluid life, and reduces maintenance costs, making it suitable for data centers [2][5] - The company aims to address critical challenges in the immersion cooling market, such as fluid stability, hardware compatibility, operational complexity, upfront capital costs, and regulatory concerns [6] Competitive Advantage - XYRA's technology offers chemical-free advantages that improve the economics of immersion cooling, providing operators with cost savings, efficiency, and reliability [5][8] - The company is focused on building a team of experts to identify unique technologies in the rapidly evolving crypto and data center infrastructure sectors [8]
Cavitation Technologies, Inc. Announces Appointment of Anton Glotser as VP of Blockchain Infrastructure Technology at XYRA Corp.
Globenewswire· 2025-09-23 10:00
Core Viewpoint - Cavitation Technologies, Inc. has appointed Anton Glotser as VP of Blockchain Infrastructure Technology at its subsidiary, XYRA Corp, to enhance its leadership in the crypto technologies market [1] Group 1: Leadership Appointment - Anton Glotser brings over 20 years of entrepreneurial experience in blockchain technology and cryptocurrency, having secured innovative government contracts for digitization and monetization [2] - His previous company, DelNorte | DTV, was recognized as one of the top 5 innovative tech companies in the USA by the World Business Angels Investment Forum [2] Group 2: Strategic Expertise - In his new role, Glotser will utilize his extensive background in blockchain development to guide XYRA Corp's strategic initiatives, focusing on chain-agnostic solutions and real-world asset tokenization [3] - He has a proven track record of creating solutions that integrate traditional industries with emerging crypto technologies [3] Group 3: Government Relations - Glotser's experience in government relations provides XYRA Corp with a competitive edge, having successfully navigated complex regulatory environments and established blockchain frameworks with government entities [4] - His advocacy for blockchain legislation demonstrates his understanding of policy and regulatory compliance in the crypto sector [4] Group 4: International Business Development - Glotser's international business development experience, particularly in creating app store ecosystems for governments in Latin America, will be vital as XYRA Corp explores global opportunities in the crypto technologies sector [5] - His ability to scale blockchain solutions across diverse markets is a significant asset for the company [5] Group 5: Company Overview - Cavitation Technologies, Inc. specializes in advanced fluid processing and water treatment technologies, with a focus on innovative systems for various industries [9] - The company holds over 40 patents and offers products like Nano Reactor® systems, which have scalable capacities from 10 to 500 gallons per minute [10]