AIRWA Shares Soar 31% After Rebrand as It Secures $100M and $30M in Solana for Tokenized Exchange

Introduction to AIRWA Inc

AIRWA Inc (Nasdaq: YYAI), formerly known as Connexa Sports Technologies Inc., is a Delaware-based company that has repositioned itself as a blockchain-focused financial services provider. Effective October 7, 2025, the firm adopted its new name to reflect its focus on Web3 initiatives and the tokenization of real-world assets. On October 9, 2025, AIRWA shares closed at $0.2541, an increase of 31.66 percent with a trading volume of 39.8 million shares on the NASDAQ.

Corporate Structure and Partnerships

Through its majority-owned subsidiary, Yuanyu Enterprise Management Co., Limited, AIRWA holds a portfolio of digital finance-related patents and technology licenses. The company’s strategic alliances include:
• A joint venture with JuCoin Pte Ltd to launch AiRWA Exchange, which will initially serve JuCoin’s 4 million users.
• A collaboration with Inca Digital to integrate advanced monitoring, threat detection, and compliance tools into the exchange.
• A decision to anchor major trading pairs around Solana, which includes a contribution of 150,000 Solana tokens—valued at approximately $30 million—from JuCoin.

Chairman Hongyu Zhou leads AIRWA’s board, while day-to-day operations are focused on building the infrastructure for a 24/7 digital asset market.

Blockchain by NASA

Recent Developments and News

October 6, 2025
• Connexa Sports Technologies Inc. announced its rebranding to AIRWA Inc.
• JuCoin committed $100 million to AiRWA Exchange, inclusive of 150,000 Solana tokens valued at about $30 million.

October 7, 2025
• AIRWA Exchange received approximately $30 million in Solana tokens.
• The platform completed test settlements of tokenized U.S. equities, indicating near-instant blockchain clearing capabilities.
• The initial rollout will target 4 million users from JuCoin’s ecosystem and will include both major cryptocurrencies and tokenized stocks.

Financial and Strategic Analysis

AIRWA’s share price increase of 31.66 percent reflects market interest in its transition into blockchain and tokenized assets. The company plans to fund AiRWA Exchange with up to $500 million—comprised of $100 million from JuCoin and additional funding from AIRWA—to support platform development, marketing, and security infrastructure. By utilizing Solana, the exchange aims to combine high transaction throughput with low costs, complemented by regulatory compliance measures facilitated by Inca Digital.

Key strategic considerations:
• Tokenization trend: As traditional brokerages start to offer tokenized stocks, AIRWA aims to differentiate itself by focusing on cryptocurrency users and blockchain-native settlement processes.
• Funding structure: The combination of cash and digital asset investments indicates a hybrid capital approach but also exposes the company to volatility in market tokens and fundraising risks.
• Regulatory environment: Operating a tokenized exchange necessitates navigating changing digital asset regulations across various jurisdictions.

Market Position and Industry Context

AiRWA Exchange operates within a rapidly evolving digital finance landscape, where tokenized representations of equities and real-world assets are becoming more prevalent. By concentrating on Solana-anchored trading pairs, AIRWA leverages a blockchain noted for low transaction fees and scalability. Its partnerships with JuCoin and Inca Digital provide an initial user base and compliance framework, allowing the exchange to compete with newly emerging tokenized stock offerings from established brokerages. The addressable market includes both retail cryptocurrency traders and institutional participants seeking quicker settlement and enhanced transparency.

tl;dr

AIRWA Inc, renamed on October 7, 2025, has secured $100 million from JuCoin and received $30 million in Solana tokens to launch AiRWA Exchange. Test settlements of tokenized U.S. equities were completed on October 7, positioning the platform for an initial rollout to 4 million JuCoin users. Supported by strategic partnerships and a $500 million funding plan, AIRWA aims to integrate blockchain efficiencies with traditional asset access, although challenges related to execution and regulatory compliance persist.