Connexa Sports (YYAI) Stock: AiRWA Lands $30M Solana Deal for Exchange Expansion

TLDR

Table of Contents

AiRWA Inc. received approximately $30 million in Solana tokens to strengthen its exchange platform
The company completed test runs for settling trades of tokenized U.S. equities on blockchain
AiRWA Exchange plans to integrate Solana as a core asset for major trading pairs
The platform will initially target 4 million users from joint venture partner JuCoin’s ecosystem
Tokenized stocks will be tradable 24/7 with blockchain settlement completing within seconds

AiRWA Inc. announced on October 7, 2025, that it has received an investment of approximately $30 million in Solana tokens. The investment will strengthen the financial foundation of AiRWA Exchange.

🚨NEWS: Nasdaq-listed AiRWA has secured $30M in $SOL to scale its exchange and integrate @Solana as a core trading asset. The firm has also completed test runs for tokenized U.S. equities, aiming to bring 24/7 blockchain-based stock trading onchain. pic.twitter.com/eJxe76xoq7
— SolanaFloor (@SolanaFloor) October 8, 2025

The company said the funds will support its strategy to integrate Solana as a core asset for major trading pairs on its platform. AiRWA maintains a current ratio of 3.54 and holds more cash than debt on its balance sheet.

The digital asset company also reported completing test runs for settling trades of tokenized U.S. equities. This positions AiRWA to offer blockchain-based trading of digital representations of U.S. stocks.

The company’s approach differs from traditional brokerage firms that have started offering tokenized stocks. AiRWA Exchange aims to cater specifically to cryptocurrency enthusiasts.

The platform will enable tokenized U.S. stocks to be traded like other digital assets. Transactions will settle within seconds on blockchain technology.

Trading Around the Clock

The exchange will be accessible 24 hours daily, unlike traditional stock markets with set trading hours. This represents a departure from conventional equity trading schedules.

AiRWA plans to initially launch this service to approximately 4 million users. These users come from the ecosystem of its joint venture partner, JuCoin.

The company’s financial results show a 246% return over the past six months. AiRWA maintains gross profit margins of 76%.

“We are excited to leverage our partnerships to revolutionize the trading experience for tokenized stocks and other digital assets,” said Hongyu Zhou, Chairman of AiRWA. The company operates through its majority-owned subsidiary, Yuanyu Enterprise Management Co., Limited.

Real-World Asset Focus

The subsidiary owns patents and proprietary technology licensed to partners worldwide. AiRWA is expanding its presence in the Web3 space through its exchange.

The company focuses on tokenization of real-world assets, particularly U.S. stocks. This strategy forms the core of its business model.

Connexa Sports Technologies previously announced a $500 million joint venture with JuCoin Capital. Both Connexa and JuCoin contributed $250 million each to launch the aiRWA cryptocurrency exchange.

Connexa holds a 51% stake in the venture. The joint venture focuses on real-world asset tokenization.

The company has made recent changes to its board of directors. Hai Bin Cui was appointed to the board and audit committee following Kong “Luke” Liu’s resignation.

AiRWA’s current market capitalization stands at $36.55 million. The average trading volume for the stock is 1,766,652 shares.

The technical sentiment signal for the stock shows a sell rating. The company has faced declining revenues and negative profitability according to recent analysis.

The platform’s integration of Solana tokens and completion of tokenized equity tests occurred on the same day. This dual announcement marks a step forward in the company’s blockchain trading strategy.

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