Connexa Sports Technologies Inc. and JuCoin Capital Pte Ltd have signed a $500 million agreement to launch aiRWA, a new cryptocurrency exchange focused on RWA.
The agreement includes plans for launching a new stablecoin in Asia, driving growth in the stablecoin sector, and developing next-generation financing solutions.
This collaboration aims to bridge traditional finance and digital assets by leveraging blockchain technology and digital currencies.
RWA crypto involves tokenizing real-world assets on a blockchain, combining traditional investments with blockchain efficiency.
The partnership between Connexa and JuCoin marks a significant step towards a more interconnected and innovative digital asset market.
Establishment of aiRWA
Parties will contribute $250 million each to launch aiRWA, a cutting-edge crypto exchange focused on RWA with advanced features.
USDR Stablecoin Launch
Plans to launch USDR, a new stablecoin in Asia, to drive growth in the stablecoin sector and expand stablecoin applications.
Collaborative Strategic Efforts
Memorandum of Understanding outlines collaborative efforts in developing cryptocurrency index funds, asset tokenization, and bridging fiat-crypto payment channels.
- The joint venture agreement aims to offer deep liquidity, advanced cross-chain technology, and institutional-grade custody on the aiRWA exchange.
- Launching USDR will contribute to expanding stablecoin usage, enhancing cross-border payments, and advancing decentralized finance applications.
- The strategic partnership between Connexa and JuCoin will drive innovation in the digital asset market and align regulatory compliance across jurisdictions.
The collaboration between Connexa and JuCoin paves the way for future advancements in the digital finance industry, bridging traditional finance with blockchain technology. The establishment of aiRWA and the launch of USDR demonstrate a commitment to driving innovation and growth in the cryptocurrency sector.