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GlobeNewsWire
1 month ago
Connexa and JuCoin Sign $500 million Agreement to Launch a New Cryptocurrency Exchange focused on RWA
The Parties Have Also Signed a Strategic Memorandum of Understanding to: Launch a New Stablecoin in Asia; Drive Growth in the Stablecoin Sector; and Develop Next-Generation Financing Solutions Smyrna, Delaware and Singapore, Aug. 25, 2025 (GLOBE NEWSWIRE) -- In a landmark collaboration set to drive the future of digital finance, Connexa Sports Technologies Inc. (Nasdaq:YYAI) (“YYAI”) and JuCoin Capital Pte Ltd (“JuCoin”), a leading crypto exchange in Asia, have signed a $500 million agreement to jointly establish aiRWA, a next-generation cryptocurrency exchange focused on RWA to bridge the physical and digital worlds. The parties have also signed a Memorandum of Understanding to launch USDR, a new stablecoin in Asia, and to co-develop innovative stablecoin infrastructure and digital asset services.