Solana News Today: AiRWA's Blockchain Pivot Targets $46T Real-World Asset Revolution

Connexa Sports Technologies Inc. (Nasdaq: YYAI) surged 32.12% in after-hours trading on October 8, 2025, to $0.26 per share, following a major corporate rebranding and a $100 million blockchain investment. The company announced on October 6 that it will rename itself , effective October 7, to reflect its strategic pivot toward blockchain-based financial services. The rebranding aligns with the launch of , a joint venture with Singapore-based cryptocurrency firm JuCoin Pte Ltd. The platform aims to tokenize and trade real-world assets (RWA), including U.S. equities, leveraging blockchain technology for 24/7 accessibility.

The $100 million initial investment from JuCoin includes 150,000 Solana (SOL) tokens, currently valued at approximately $30 million. This commitment marks the first phase of a $500 million total funding plan, with the remaining capital to be deployed as the platform scales. AiRWA Exchange will anchor its major trading pairs on the , selected for its low transaction fees and high throughput. JuCoin's contribution follows successful test runs of tokenized U.S. equity trades, demonstrating the platform's capacity to settle digital assets.

The collaboration with , a leader in digital asset security, further strengthens AiRWA Exchange's infrastructure. Inca Digital will integrate advanced threat detection and compliance tools to safeguard the platform against risks, ensuring a trusted environment for users. Hongyu Zhou, Chairman of AiRWA Inc., emphasized the strategic importance of the Solana partnership: "The initial Solana token contribution from JuCoin is the first step in what we envision as a long-term, mutually beneficial partnership, with Solana at the forefront of the development of AiRWA Exchange".

AiRWA Exchange's focus on tokenized real-world assets positions it to capitalize on a rapidly expanding market. The global RWA tokenization sector is projected to grow to $10–16 trillion by 2030, with optimistic estimates reaching $46 trillion as institutional adoption accelerates. AiRWA's platform will initially target JuCoin's 4 million user base, offering access to tokenized U.S. equities and major cryptocurrencies. The exchange's ability to facilitate instant blockchain settlements could disrupt traditional trading models, particularly for investors seeking decentralized finance (DeFi) solutions.

Despite the bullish announcement, AiRWA's stock has experienced significant volatility. The company reported a year-to-date decline of 84.44% as of October 7, 2025, with a market capitalization of $2.81 million. Financial risks persist, including low cash reserves and reliance on JuCoin's funding to execute its plans. The company's SEC filings caution that uncertainties around regulatory compliance, operational execution, and market demand could impact its trajectory.

The rebranding and investment come after years of strategic shifts for Connexa, which previously operated in sports technology. The company acquired Yuanyu Enterprise Management Co., Limited in 2024 and later pivoted to Web3 initiatives. While the pivot has drawn skepticism due to AiRWA's speculative nature and high short interest (14% as of October 8), the partnership with JuCoin and Solana signals a bold attempt to bridge traditional and decentralized finance. Analysts note that the stock's performance will depend on the exchange's ability to attract users and maintain regulatory alignment.

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Source: [1] GlobeNewswire (https://www.globenewswire.com/news-release/2025/10/06/3161650/0/en/Connexa-Sports-Technologies-Inc-is-Renamed-AiRWA-Inc-and-Announces-100-Million-Confirmed-Investment-into-AiRWA-Exchange.html)

[2] Benzinga (https://www.benzinga.com/markets/equities/25/10/48117303/connexa-sports-technologies-surges-32-after-hours-on-100m-blockchain-investment-and-rebranding-to-airwa)

[3] Crypto-Reporter (https://www.crypto-reporter.com/newsfeed/jucoin-and-nasdaq-listed-connexa-launch-500-million-joint-venture-to-establish-airwa-exchange-for-real-world-asset-trading-107965/)