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Connexa Sports Technologies (Nasdaq: YYAI) and JuCoin File $500 Million Definitive Agreement to Launch aiRWA

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Connexa Sports Technologies (Nasdaq: YYAI) and JuCoin Capital have filed a $500 million definitive agreement with the SEC to establish aiRWA, a digital asset platform focused on real-world asset (RWA) tokenization.

The joint venture will be equally funded by both companies, with each contributing $250 million in cash and digital assets. The platform aims to digitize traditional investments like real estate, government bonds, and fine art, making them more accessible to both institutional and retail investors.

The partnership combines JuCoin's digital finance expertise with YYAI's experience in traditional finance and public company governance to enhance the adoption of digital financial solutions while maintaining compliance standards.

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Positive

  • Significant $500 million joint venture with equal contributions from both parties
  • Strategic expansion into the growing RWA tokenization market
  • Partnership combines complementary strengths in digital and traditional finance
  • Access to both institutional and retail investor markets

Negative

  • Substantial capital commitment of $250 million from YYAI
  • Regulatory risks associated with digital asset platforms
  • Potential integration challenges between traditional and digital finance systems

News Market Reaction 78 Alerts

-15.97% News Effect
-83.0% Trough in 2 hr 25 min
-$11M Valuation Impact
$56M Market Cap
193.9x Rel. Volume

On the day this news was published, YYAI declined 15.97%, reflecting a significant negative market reaction. Argus tracked a trough of -83.0% from its starting point during tracking. Our momentum scanner triggered 78 alerts that day, indicating high trading interest and price volatility. This price movement removed approximately $11M from the company's valuation, bringing the market cap to $56M at that time. Trading volume was exceptionally heavy at 193.9x the daily average, suggesting significant selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Smyrna, Delaware and Singapore, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq: YYAI) (“YYAI”) and JuCoin Capital Pte Ltd (“JuCoin”) today announced the filing with the U.S. Securities and Exchange Commission (the “SEC”) of a $500 million definitive agreement (the “Definitive Agreement”) to jointly establish aiRWA, a next-generation digital asset platform.

The venture will focus on the emerging market for real-world asset (RWA) tokenization, which brings traditional investments, such as real estate, government bonds, and fine art into a digital format. By combining the transparency and accessibility of digital infrastructure with established financial structures, RWAs are expected to play a central role in the next phase of digital finance.

Under the terms of the Definitive Agreement, YYAI and JuCoin will each contribute $250 million in a combination of cash and digital assets toward the launch of aiRWA. The platform will be designed to bridge traditional and digital finance, expanding opportunities for both institutional and retail investors worldwide.

JuCoin, based in Singapore, is a recognized leader in the digital finance sector, with a global platform spanning asset management, blockchain infrastructure, and Web3 applications. YYAI, as a Nasdaq-listed company, brings experience in traditional finance, public company governance, and capital markets. Together, the partners aim to accelerate adoption of digital financial solutions while maintaining strong compliance and transparency standards.

“This agreement represents a significant step forward in blending traditional finance with digital innovation,” said Hongyu Zhou, Chairman of YYAI. “With JuCoin’s leadership in digital assets and our expertise as a U.S. public company, aiRWA is positioned to offer a new level of security and accessibility in the market for tokenized assets.”

Press release ends

About JuCoin

JuCoin Capital Pte Ltd is part of the globally recognized JuCoin brand, offering a comprehensive digital finance ecosystem that combines centralized security with decentralized opportunities. Founded in 2013, JuCoin’s ecosystem includes one of Asia’s leading digital asset platforms, extensive blockchain infrastructure, and numerous Web3 applications.

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.


FAQ

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

The definitive agreement is valued at $500 million, with each company contributing $250 million in a combination of cash and digital assets.

What is the purpose of YYAI and JuCoin's aiRWA platform?

aiRWA is designed to facilitate the tokenization of real-world assets such as real estate, government bonds, and fine art, making these traditional investments accessible in digital format.

How will the partnership between YYAI and JuCoin work?

JuCoin will contribute its expertise in digital finance and blockchain infrastructure, while YYAI brings experience in traditional finance, public company governance, and capital markets compliance.

What types of assets will be available on the YYAI-JuCoin aiRWA platform?

The platform will focus on tokenizing traditional investments including real estate, government bonds, and fine art into digital formats.

Who are the target investors for YYAI and JuCoin's aiRWA platform?

The platform is designed to serve both institutional and retail investors worldwide, aiming to expand opportunities in digital finance.
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