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Connexa and JuCoin Sign $500 million Agreement to Launch a New Cryptocurrency Exchange focused on RWA

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Connexa Sports Technologies (Nasdaq:YYAI) and JuCoin Capital have signed a landmark $500 million agreement to establish aiRWA, a cryptocurrency exchange focused on real-world assets (RWA). Each party will contribute $250 million in cash, stablecoin, Ethereum, or Bitcoin to the venture.

The partnership includes plans to launch USDR, a new Asia-focused stablecoin, and develop innovative stablecoin infrastructure. aiRWA will offer deep liquidity, cross-chain technology, institutional-grade custody, and support for multi-asset trading including NFTs, DeFi tokens, and derivatives.

The collaboration also encompasses AI-driven financial technology development, cryptocurrency index funds, and blockchain-themed ETFs, aiming to bridge traditional finance with digital assets.

Connexa Sports Technologies (Nasdaq:YYAI) e JuCoin Capital hanno firmato un accordo storico da 500 milioni di dollari per creare aiRWA, una piattaforma di scambio di criptovalute dedicata ai real-world assets (RWA). Ciascuna parte investirà 250 milioni di dollari in contanti, stablecoin, Ethereum o Bitcoin nel progetto.

La partnership prevede il lancio di USDR, un nuovo stablecoin orientato all'Asia, e lo sviluppo di infrastrutture innovative per stablecoin. aiRWA offrirà liquidità profonda, tecnologia cross-chain, custodia di livello istituzionale e supporto per il trading multi-asset, inclusi NFT, token DeFi e derivati.

La collaborazione comprende inoltre lo sviluppo di tecnologia finanziaria guidata dall'IA, fondi indice in criptovalute ed ETF a tema blockchain, con l'obiettivo di collegare la finanza tradizionale agli asset digitali.

Connexa Sports Technologies (Nasdaq:YYAI) y JuCoin Capital han firmado un acuerdo histórico de 500 millones de dólares para crear aiRWA, un exchange de criptomonedas centrado en activos del mundo real (RWA). Cada parte aportará 250 millones de dólares en efectivo, stablecoin, Ethereum o Bitcoin al emprendimiento.

La alianza incluye el lanzamiento de USDR, un nuevo stablecoin enfocado en Asia, y el desarrollo de infraestructuras innovadoras para stablecoins. aiRWA ofrecerá alta liquidez, tecnología cross-chain, custodia de nivel institucional y soporte para trading multi-activo, incluidos NFT, tokens DeFi y derivados.

La colaboración también abarca el desarrollo de fintech impulsada por IA, fondos índice de criptomonedas y ETFs temáticos sobre blockchain, con la meta de unir las finanzas tradicionales y los activos digitales.

Connexa Sports Technologies (Nasdaq:YYAI)JuCoin Capital이 실제 자산(RWA)에 초점을 맞춘 암호화폐 거래소 aiRWA 설립을 위해 5억 달러 규모의 획기적인 계약을 체결했습니다. 양사는 각각 현금, 스테이블코인, 이더리움 또는 비트코인으로 2억5천만 달러를 출자합니다.

이번 파트너십에는 아시아를 겨냥한 새로운 스테이블코인 USDR 출시와 스테이블코인 인프라 혁신 계획도 포함됩니다. aiRWA는 풍부한 유동성, 크로스체인 기술, 기관 수준의 수탁 서비스와 NFT, 디파이 토큰, 파생상품 등 다중 자산 거래 지원을 제공할 예정입니다.

또한 AI 기반 금융기술 개발, 암호화폐 인덱스 펀드 및 블록체인 테마 ETF 개발을 통해 전통 금융과 디지털 자산을 연결하는 것을 목표로 합니다.

Connexa Sports Technologies (Nasdaq:YYAI) et JuCoin Capital ont signé un accord historique de 500 millions de dollars pour créer aiRWA, une plateforme d'échange de cryptomonnaies axée sur les real‑world assets (RWA). Chaque partie apportera 250 millions de dollars en liquide, stablecoin, Ethereum ou Bitcoin au projet.

Le partenariat prévoit le lancement de USDR, un nouveau stablecoin destiné à l'Asie, et le développement d'infrastructures innovantes pour les stablecoins. aiRWA proposera une liquidité profonde, une technologie cross‑chain, une garde de niveau institutionnel et le support du trading multi‑actifs, incluant NFT, tokens DeFi et dérivés.

La collaboration inclut également le développement de technologies financières pilotées par l'IA, des fonds indiciels en cryptomonnaies et des ETF thématiques blockchain, visant à rapprocher la finance traditionnelle des actifs numériques.

Connexa Sports Technologies (Nasdaq:YYAI) und JuCoin Capital haben eine wegweisende Vereinbarung über 500 Millionen US-Dollar zur Gründung von aiRWA unterzeichnet, einer Krypto-Börse mit Fokus auf Real‑World‑Assets (RWA). Jede Partei wird 250 Millionen US-Dollar in bar, Stablecoins, Ethereum oder Bitcoin in das Projekt einbringen.

Die Partnerschaft sieht die Einführung von USDR, einem neuen, auf Asien ausgerichteten Stablecoin, sowie den Aufbau innovativer Stablecoin‑Infrastruktur vor. aiRWA wird tiefe Liquidität, Cross‑Chain‑Technologie, Verwahrung in Institutsqualität und Unterstützung für Multi‑Asset‑Trading einschließlich NFTs, DeFi‑Token und Derivate bieten.

Darüber hinaus umfasst die Zusammenarbeit die Entwicklung KI‑gestützter Finanztechnologien, Kryptowährungs‑Indexfonds und Blockchain‑ETFs mit dem Ziel, traditionelle Finanzwelt und digitale Assets zu verbinden.

Positive
  • Strategic $500 million joint venture with equal $250 million contributions from both parties
  • Entry into the $240 billion global stablecoin market with new USDR stablecoin
  • Development of comprehensive trading platform with institutional-grade features
  • Partnership combines YYAI's traditional finance expertise with JuCoin's crypto leadership
Negative
  • Significant capital commitment required ($250 million) in volatile crypto assets
  • Regulatory uncertainties in the crypto and stablecoin markets
  • Competitive challenges in the saturated cryptocurrency exchange space

Insights

YYAI enters crypto market with $500M JuCoin partnership to launch RWA exchange and stablecoin, marking major strategic expansion.

Connexa Sports Technologies' $500 million joint venture with JuCoin represents a significant strategic pivot into the cryptocurrency sector. The deal's structure—with each party contributing $250 million in cash or digital assets—demonstrates substantial financial commitment to their new exchange, aiRWA. What makes this partnership particularly notable is its focus on Real World Asset (RWA) tokenization, which transforms traditional assets like real estate and government bonds into blockchain tokens.

The RWA sector addresses one of cryptocurrency's fundamental challenges: connecting digital tokens to tangible value. By focusing on this niche, YYAI and JuCoin are positioning themselves at the intersection of traditional finance and blockchain technology—potentially capturing value from both worlds rather than competing in the already saturated general cryptocurrency exchange market.

Their planned stablecoin (USDR) enters a $240 billion market with established players like USDT and USDC. The Asia-focused approach suggests they've identified regional opportunities, perhaps regulatory advantages or underserved markets. The technical components outlined—including cross-chain technology, institutional-grade custody, and AI integration—align with current industry development trends.

What's particularly interesting is how YYAI is leveraging its Nasdaq listing and traditional finance experience while JuCoin contributes crypto expertise—a complementary partnership that could bridge significant gaps between these often-siloed financial worlds. This represents a bold strategic transformation for YYAI from its sports technology roots into digital finance.

This $500 million joint venture signifies a major strategic redirection for Connexa Sports Technologies. While the press release doesn't mention YYAI's previous business focus, the company name suggests a prior concentration in sports technology, making this an aggressive pivot into cryptocurrency markets.

The equal capital commitment structure ($250 million each) creates balanced governance while allowing flexible contribution methods—cash, stablecoin, Ethereum or Bitcoin—which potentially lets YYAI leverage existing assets rather than requiring all fresh capital. This structure provides YYAI immediate access to cryptocurrency expertise through JuCoin's established presence in Asia.

The RWA focus represents a sophisticated market approach. Rather than competing directly with established general exchanges like Binance or Coinbase, they're targeting the growing tokenization sector where traditional assets meet blockchain technology. This potentially differentiates their offering while leveraging YYAI's presumed experience with traditional financial markets and JuCoin's blockchain expertise.

Their stablecoin initiative enters a competitive but rapidly growing space, with their Asia focus suggesting regional market opportunities. The memorandum's mention of developing cryptocurrency index funds, blockchain ETFs, and tokenized securities points toward a comprehensive digital asset strategy beyond just exchange operations.

For YYAI shareholders, this represents both opportunity and risk—a bold diversification that could tap into cryptocurrency growth markets but also exposes the company to regulatory uncertainties and cryptocurrency market volatility while requiring substantial capital deployment.

The Parties Have Also Signed a Strategic Memorandum of Understanding to:

  • Launch a New Stablecoin in Asia;
  • Drive Growth in the Stablecoin Sector; and
  • Develop Next-Generation Financing Solutions

Smyrna, Delaware and Singapore, Aug. 25, 2025 (GLOBE NEWSWIRE) -- In a landmark collaboration set to drive the future of digital finance, Connexa Sports Technologies Inc. (Nasdaq:YYAI) (“YYAI”) and JuCoin Capital Pte Ltd (“JuCoin”), a leading crypto exchange in Asia, have signed a $500 million agreement to jointly establish aiRWA, a next-generation cryptocurrency exchange focused on RWA to bridge the physical and digital worlds. The parties have also signed a Memorandum of Understanding to launch USDR, a new stablecoin in Asia, and to co-develop innovative stablecoin infrastructure and digital asset services.

JuCoin is a leader in the digital finance space. Based in Singapore, JuCoin is a globally recognized cryptocurrency brand offering an all-in-one digital asset platform, as well as blockchain infrastructure and Web3 applications. YYAI, with its listing on Nasdaq, is experienced in traditional finance, capital markets, and public company operations.

Recognizing the transformative power of blockchain technology and digital currencies, the two partners aim to leverage their respective strengths in digital asset innovation and traditional finance. This strategic partnership marks a significant step toward bridging the gap between conventional financial systems and the emerging decentralized economy. RWA is an ideal vehicle for this.

RWA crypto refers to the tokenization of real-world assets on a blockchain, turning physical and financial assets into digital tokens. RWA effectively blends traditional investments, such as real estate, government bonds and fine art, with the efficiency, transparency and accessibility of blockchain technology.

“This partnership reflects our shared vision for a more interconnected, efficient and secure global financial ecosystem,” said Hongyu Zhou, Chairman of YYAI. “We believe that by aligning our expertise, we can lead the next wave of innovation in digital asset markets, where real-world assets and the digital markets intersect.”

Establishing a Cutting-edge Crypto Exchange

The parties have begun their cooperation by signing a comprehensive joint venture agreement committing to contribute $250 million each, in the form of cash, stablecoin, Ethereum or Bitcoin, to launch aiRWA, a new cryptocurrency exchange designed to offer users a platform focused on RWA crypto, the next frontier in crypto trading. The parties intend for aiRWA to also offer:

  • Deep liquidity and high-efficiency market matching;
  • Advanced cross-chain technology for seamless interoperability;
  • Institutional-grade custody, risk controls and security frameworks;
  • Support for multi-asset trading, including NFTs, DeFi tokens, derivatives and high-frequency strategies; and
  • A tailored platform for both retail and institutional clients.

aiRWA, with its focus on RWA, will benefit from JuCoin’s and YYAI’s respective expertise in digital finance and traditional finance, as well as their technology research capabilities, well developed security and compliance systems, and data analytics capabilities.

Driving Growth in the Stablecoin Sector

With the global stablecoin market now exceeding USD 240 billion, YYAI and JuCoin have agreed to further collaborate by launching a new Asia-focused stablecoin, to be called USDR, and by focusing on:

  • Cross-border payments and settlements utilizing stablecoins such as USDT, USDC, DAI, and others, including USDR;
  • Smart contract and decentralized finance (DeFi) application development to expand the stablecoin ecosystem;
  • Regulatory compliance across jurisdictions to ensure security and sustainability; and
  • Expanding usage on mainstream blockchains, including Ethereum, Binance Smart Chain, and TRON.

“Stablecoins are rapidly becoming the backbone of crypto-financial infrastructure,” said Mr. Qi Wang, Director of JuCoin. “Our joint efforts will ensure technological advancement and full regulatory alignment.”

Bridging Traditional and Digital Finance

In recognition of the growing convergence between traditional finance and digital assets, the parties’ strategic memorandum of understanding outlines collaborative efforts in:

  • Developing cryptocurrency index funds and blockchain-themed ETFs;
  • Fund management and asset allocation utilizing the blockchain to enhance transparency and compliance;
  • Asset tokenization and digital securities issuance;
  • Enabling fiat-crypto payment channels and integrated financial services; and
  • Offering AI-powered investment solutions and blockchain-enhanced transparency.

Pioneering AI-Driven Financial Technology

The cooperation also includes joint R&D in Artificial Intelligence (AI) applications to:

  • Optimize market trend analysisrisk control and fraud detection;
  • Build intelligent trading algorithms and high-frequency strategies;
  • Deliver personalized user experiences through behavioral insights; and
  • Advance smart contract auditing and AI-assisted compliance monitoring.

Shared Vision for a Digital Financial Future

The documents signed by YYAI and JuCoin solidify a long-term, strategic partnership based on mutual trust, innovation and shared growth. Both parties are committed to:

  • Open communication and continuous evaluation;
  • Legal and regulatory compliance across all operations;
  • Prioritizing security, transparency and market-driven development; and
  • Exploring future cooperation in areas such as blockchain infrastructure, regulatory technology and digital asset management.

YYAI and JuCoin are determined to drive the future of digital finance by bridging the physical and digital worlds, starting with an RWA-focused cryptocurrency exchange that expands the number of users of cryptocurrency exchanges and enhances the options and experience of existing users.

— Press Release Ends —

About JuCoin

JuCoin Capital Pte Ltd is part of the globally recognized JuCoin cryptocurrency brand offering an all-in-one digital asset platform, as well as blockchain infrastructure and Web3 applications. Originally founded in 2013, JuCoin expanded to become Asia's dominant exchange by 2015 and, following a strategic acquisition and new leadership in 2024, has transformed into a comprehensive ecosystem designed to remove the traditional barriers to cryptocurrency adoption by, among other things, combining centralized security with decentralized opportunities, creating seamless pathways across an expanded suite of decentralized apps running on the blockchain.

About YYAI

Connexa Sports Technologies Inc. (Nasdaq:YYAI), via its majority-owned subsidiary, Yuanyu Enterprise Management Co., Limited, owns advanced patents and other proprietary technology which it licenses to partners worldwide, enabling them to create localized matchmaking experiences tailored to specific markets and cultures.

YYAI Contact Information
info@yuanyuenterprise.com
www.yuanyuenterprise.com

Forward-Looking Statements

This press release contains forward-looking statements. Statements that are not historical facts, including statements about beliefs or expectations, are forward-looking statements. These statements are based on plans, estimates, expectations and projections at the time the statements are made, and readers should not place undue reliance on them. In some cases, readers can identify forward-looking statements by the use of forward-looking terms such as “may,” “will,” “should,” “expect,” “opportunity,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these terms or other comparable terms. Forward-looking statements involve inherent risks and uncertainties and readers are cautioned that a number of important factors could cause actual results to differ materially from those contained in any such forward-looking statements. Factors that could cause actual results to differ materially from those described in this press release include, among others:

  • the risks associated with the Company’s relatively low public float, which may result in the Company’s common stock experiencing significant price volatility;

  • the effects that the acquisition of YYEM and the separation of the Slinger Bag business may have on the Company and its current or future business and on the price of the common stock;

  • uncertainties regarding the Company’s focus, strategic plans and other management actions;

  • the risks associated with potential litigation related to the acquisition of YYEM and the separation of the Slinger Bag business or related to any possible subsequent financing transactions or acquisitions or investments;

  • uncertainties regarding general economic, business, competitive, legal, regulatory, tax and geopolitical conditions; and

  • other factors, including those set forth in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended April 30, 2025.

Forward-looking statements included in this report speak only as of the date each statement is made. Neither the Company nor any person undertakes any obligation to update any of these statements in light of new information or future events, except to the extent required by applicable law.


FAQ

What is the value of the agreement between Connexa (YYAI) and JuCoin?

The agreement is valued at $500 million, with each party contributing $250 million in cash, stablecoin, Ethereum, or Bitcoin.

What is aiRWA and what will it offer?

aiRWA is a new cryptocurrency exchange focused on real-world assets (RWA), offering deep liquidity, cross-chain technology, institutional-grade custody, and support for multi-asset trading including NFTs and DeFi tokens.

What is USDR and how does it fit into the YYAI-JuCoin partnership?

USDR is a new Asia-focused stablecoin that will be launched as part of the partnership, targeting the $240 billion global stablecoin market.

How will the YYAI-JuCoin partnership integrate AI technology?

The partnership will use AI for market trend analysis, risk control, fraud detection, intelligent trading algorithms, and AI-assisted compliance monitoring.

What are the main objectives of the Connexa-JuCoin strategic partnership?

The partnership aims to bridge traditional and digital finance through RWA tokenization, launch a new crypto exchange, develop stablecoin infrastructure, and create innovative blockchain-based financial solutions.
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