AiRWA Inc. (NASDAQ: YYAI) is a NASDAQ-listed technology company building institutional-grade AI infrastructure for the tokenized economy. We use artificial intelligence to power digital capital markets — including asset tokenization, stablecoin settlement, compliance intelligence, and cross-chain exchange infrastructure. Our flagship product is the AiRWA Exchange, a $500M joint venture with JuCoin Capital for trading tokenized real-world assets and digital currencies.

RWA tokenization is the process of converting physical or financial assets — real estate, private credit, government bonds, receivables, infrastructure — into digital tokens on a blockchain. These tokens represent ownership or economic rights and can be traded 24/7 with near-instant settlement, fractional ownership, and programmable compliance. AiRWA provides the AI-powered infrastructure that makes institutional-grade tokenization possible.

Connexa Sports Technologies was the company's former name. In October 2025, the company executed a strategic rebrand to AiRWA Inc. to reflect its new focus on AI-powered asset tokenization and digital finance infrastructure. The NASDAQ ticker changed from CNXA to YYAI as part of this transformation.

USDR is an Asia-focused USD-pegged stablecoin being developed under the AiRWA-JuCoin joint venture. It will be deployed across Ethereum, BSC, TRON, and Solana, powering cross-border payments, DeFi integrations, and smart contract execution within the AiRWA Exchange ecosystem. A Memorandum of Understanding (MOU) for USDR development was signed as part of the $500M JV agreement.

In February 2026, AiRWA completed the acquisition of Aberfeldy for $140M. Aberfeldy brings advanced AI capabilities including machine learning, smart contract auditing, decision intelligence, and blockchain analytics. The acquisition broadens AiRWA's technology portfolio for digital finance infrastructure and powers the AI engine within the AiRWA Exchange.

JuCoin Capital is a Singapore-based digital finance company with 50M+ users across 30+ countries. JuCoin is AiRWA's co-founding partner for the AiRWA Exchange with $250M committed capital (matching AiRWA's $250M for a total $500M JV). JuCoin also deposited 150,000 SOL tokens (~$30M) to anchor exchange infrastructure. JuCoin's own $JU token launched in January 2025.

YYAI trades on the NASDAQ Capital Market under the ticker symbol YYAI. The CUSIP number is 831445507 (post-reverse split). The transfer agent is ClearTrust, LLC.

As of the most recent filings (Q3 FY2026, 10-Q plus subsequent capital raises), AiRWA holds approximately $129.5M in cash and cash equivalents, which equates to approximately $3.08 per share based on ~42.1M shares outstanding. This is based on the 10-Q filing for the period ending October 31, 2025, plus proceeds from the ATM offering, December 2025 registered direct offering, and January 2026 private placement.

On October 27, 2025, AiRWA executed a 1-for-50 reverse stock split, consolidating approximately 949 million pre-split shares into approximately 19 million post-split shares. This was done to maintain NASDAQ listing compliance. The new CUSIP is 831445507.

Chairman Hongyu Zhou holds 5,816,489 shares (~13.8% of outstanding per Schedule 13D filed January 23, 2026). In December 2025, accredited institutional investors purchased 15.38M shares (40.6% of the company) at $1.02/share in a registered direct offering.

CEO Thomas Tarala serves as an Independent Director of StablecoinX Inc. (pursuing a SPAC merger with TLGY Acquisition Corporation). StablecoinX is pursuing a SPAC merger with TLGY Acquisition Corporation, after which the combined entity would list on NASDAQ as USDE. There is no announced partnership between AiRWA and StablecoinX — Tarala's board seat is an independent directorship.

AiRWA's fiscal year ends April 30. The Q3 FY2026 10-Q quarterly report is expected in March 2026. The FY2026 10-K annual report is expected in July/August 2026. SEC filings are available on EDGAR and the Investor Relations page.

AiRWA's infrastructure spans four major blockchain networks: Solana (primary settlement layer, anchored by $30M in SOL), Ethereum (USDR deployment, DeFi integration), BSC (Asian market access), and TRON (payment rails). Cross-chain interoperability enables seamless asset movement between networks.

The exchange has completed testnet operations including successful tokenized U.S. equity settlement on Solana. Soft launch targeting JuCoin's 4 million active users is targeted for Q2 2026, with full-scale rollout to 50M+ JuCoin users planned for H2 2026. Institutional access is planned for 2027.

Inca Digital provides enterprise compliance intelligence including ecosystem mapping, threat intelligence, transaction monitoring, and KYC/AML processing. Inca Digital is trusted by PayPal, Brave, SUI, and U.S. federal agencies including the Department of Defense (DoD), Department of Homeland Security (DHS), and the CFTC.