Connexa Sports Technologies Inc. Signs Contract with Inca Digital to Strengthen Security Framework for aiRWA Exchange
Rhea-AI Summary
Connexa Sports Technologies (Nasdaq: YYAI) has signed a service agreement with Inca Digital to enhance security and compliance for its aiRWA exchange platform. This development follows Connexa's recent $500 million joint venture with JuCoin Capital to create a tokenized real-world assets exchange.
Inca Digital, known for working with major companies like PayPal and federal agencies, will provide ecosystem mapping, threat intelligence, market analysis, and actionable outcomes. The partnership aims to strengthen the exchange's security framework through AI-driven analytics and blockchain transaction monitoring.
The collaboration complements the existing partnership where JuCoin provides digital finance expertise and Connexa contributes governance experience as a U.S.-listed company.
Positive
- Strategic partnership with Inca Digital enhances security and compliance capabilities
- Part of a larger $500 million joint venture with JuCoin Capital
- Access to advanced AI-driven analytics and blockchain monitoring systems
- Partnership with a provider trusted by major companies and federal agencies
Negative
- Significant investment and operational complexity in implementing new security systems
- Potential regulatory challenges in tokenizing real-world assets
News Market Reaction
On the day this news was published, YYAI gained 8.93%, reflecting a notable positive market reaction. Argus tracked a peak move of +11.3% during that session. Argus tracked a trough of -10.5% from its starting point during tracking. Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $3M to the company's valuation, bringing the market cap to $39M at that time.
Data tracked by StockTitan Argus on the day of publication.
Smyrna, Delaware, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq: YYAI) (“Connexa”) today announced that it has signed a service agreement with Inca Digital, a leading provider of digital asset intelligence and security solutions, to support the development of its previously announced joint venture with JuCoin Capital Pte Ltd (“JuCoin”).
This agreement is designed to provide greater certainty, resilience, and oversight for the aiRWA platform, a
Inca Digital is recognized for its work with both the private sector, including PayPal, Brave, and SUI, and U.S. federal agencies, including the Department of Defense and the Department of Homeland Security, as well as financial regulators such as the Commodity Futures Trading Commission. Often described as the “Palantir for digital assets,” Inca Digital applies AI-driven analytics to blockchain transactions, market activity, dark web data, and social media to uncover risks, anomalies, and emerging threats across the global digital asset landscape.
Under this agreement, Inca Digital will deliver:
- Ecosystem Mapping – Identifying threats, counterfeit tokens, and potentially harmful smart contracts connected to the platform.
- Threat Intelligence – Monitoring for scams, fraud, sanctioned entity activity, and illicit use cases.
- Market Data & Analysis – Detecting manipulation and wash trading.
- Actionable Outcomes – Providing citation-backed reports, real-time alerts, and collaboration with regulators and law enforcement when needed.
This agreement follows Connexa and JuCoin’s August 29, 2025, announcement of their
“Integrating Inca Digital into this initiative is a natural progression of our strategy,” said Hongyu Zhou, Chairman of Connexa. “JuCoin brings deep knowledge of digital assets, Connexa provides public market governance, and Inca Digital ensures that our exchange is designed with a best-in-class security and compliance infrastructure from day one. Together, we believe this combination sets a higher standard for how tokenized asset platforms can operate.”
“This partnership represents an important milestone in Inca Digital’s global growth strategy,” added Adam Zarazinski, CEO of Inca Digital. “Expanding further into Asia enables us to deepen our presence in key digital asset markets and position our firm to support the region’s rapidly growing financial technology ecosystem.”
By engaging Inca Digital, Connexa is prioritizing transparency, risk management, and regulatory alignment — elements that are expected to be critical for the successful adoption of aiRWA by both institutional and retail investors worldwide.
— Press release ends —
About YYAI
Connexa Sports Technologies Inc. (Nasdaq: YYAI), through its majority-owned subsidiary, Yuanyu Enterprise Management Co., Limited, owns advanced patents and proprietary technology licensed to partners worldwide, enabling localized digital matchmaking and other technology solutions.
YYAI Contact Information
Email: info@yuanyuenterprise.com
Website: 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 current plans, estimates, and expectations, and involve inherent risks and uncertainties. Actual results may differ materially due to various factors, including:
- volatility related to the Company’s relatively low public float;
- the effects of prior acquisitions and divestitures on current and future business operations;
- strategic and operational uncertainties;
- risks associated with potential litigation, financing transactions, or acquisitions;
- macroeconomic, competitive, legal, regulatory, tax, and geopolitical factors; and
- other risks detailed in the Company’s filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended April 30, 2025.
Forward-looking statements speak only as of the date they are made. Neither the Company nor any person undertakes to update any forward-looking statements, except as required by law.