(Nasdaq: YYAI) Signed A $500Mn Agreement To Launch A New Digital Currency Exchange
August 28th
Greetings Readers,
A fast‑growing player at the intersection of technology and digital assets has recently taken a bold step into a new arena.
Known for bridging experiences between innovation and consumer engagement, the company has now expanded its reach by announcing the launch of a dedicated cryp-to-currency exchange.
This move highlights a clear strategy to diversify its offerings and deepen its presence in one of the most dynamic industries today.
While the announcement may seem unexpected given the company’s roots, it underscores a vision that reaches beyond traditional boundaries—making this a story well worth a closer look.
And with a low float under 5Mn shares and a multitude of bullishly triggered technical indicators, this Nasdaq under-the-radar profile has taken residence at the top of my watchlist:
Connexa Sports Technologies Inc. (Nasdaq: YYAI)
Connexa Sports Technologies Inc., via its majority-owned subsidiary, Yuanyu Enterprise Management Co., Limited, owns advanced patents and other proprietary technology which it licenses to partners worldwide, enabling them to create localized matchmaking experiences tailored to specific markets and cultures.
And based on a several potential catalysts, (Nasdaq: YYAI) has assumed the top position on my watchlist. Look at these:
#1. Could A Low Float Create The Environment For Heightened Volatility Potential?
#2. In A Game-Changing Move, Connexa Signs $500Mn Agreement To Launch New Cryp-to Exchange.
#3. Multiple Technicals Are Triggered For YYAI From The Short To Long Term.
#4. YYAI Signs Key Content Creation Agreement To Produce And Sell Content On TikTok.
#5. A Major Acquisition Gets The Party Kicked-Off For Connexa!
But more on those in a second…
Connexa Sports Technologies Inc. – Company Report
Connexa Sports Technologies Inc. is undergoing a strategic transformationfollowing its acquisition of Yuanyu Enterprise Management Co., Limited (YYEM) in November 2024.
With the completion of this $56Mn transaction, Connexa divested its Slinger Bag business to J&M Sports LLC and repositioned itself around digital technology and matchmaking solutions.
After the acquisition, the company’s leadership team transitioned, and YYEMbecame its sole operating subsidiary.
Established in 2021 and headquartered in Hong Kong, YYEM focuses on technology-driven matchmaking and social networking.
The company owns a portfolio of patents, including artificial intelligence-powered matchmaking algorithms and metaverse-related technologies.
These are licensed globally to enable partners to build culturally adaptable matchmaking platforms.
The technology incorporates safety features, analytics, and engagement tools such as video chat and virtual events, while also integrating with large-scale AI models from companies including Huawei, Baidu, and Tencent.
For the fiscal year ending April 2025, Connexa recorded $12.8Mn in royalties from licensing.
Additionally, Connexa is expanding into content-driven social networking.
Through a February 2025 agreement with TikTok, YYEM will develop and distribute live-stream and video content for audiences in the Middle East and North Africa.
This new vertical is expected to enhance revenue diversification through influencer-driven engagement.
And as I mentioned above, (Nasdaq: YYAI) has several potential catalysts helping to lift it to my watchlist’s top spot. Check them out:
#1. YYAI Potential Catalyst – Could A Low Float Create The Environment For Heightened Volatility Potential?
According to info from the Finviz website, YYAI has a very low float.
In fact, the website reports this profile to have approximately 4.74Mn shares in its float.
Why is that important? It’s important on one crucial level. Volatility potential.
If positive company news appears in the 2nd half of 2025, could it provide a breakout spark when paired with the potential volatility?
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#2. YYAI Potential Catalyst – In A Game-Changing Move, Connexa Signs $500Mn Agreement To Launch New Cryp-to Exchange.
Connexa and JuCoin Sign $500Mn Agreement to Launch a New Cryp-to-currency 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 cryp-to exchange in Asia, have signed a $500Mn agreement to jointly establish aiRWA, a next-generation cryp-to-currency 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.
JuCoin is a leader in the digital finance space. Based in Singapore, JuCoin is a globally recognized cryp-to-currency brand offering an all-in-one digital asset platform, as well as block-chain infrastructure and Web3 applications. YYAI, with its listing on Nasdaq, is experienced in traditional finance, capital markets, and public company operations.
Recognizing the transformative power of block-chain technology and digital currencies, the two partners aim to leverage their respective strengths in digital asset innovation and traditional finance. This strategic partnership marks a significant step toward bridging the gap between conventional financial systems and the emerging decentralized economy. RWA is an ideal vehicle for this.
RWA cryp-to refers to the tokenization of real-world assets on a block-chain, turning physical and financial assets into digital tokens. RWA effectively blends traditional in-vest-ments, such as real estate, government bonds and fine art, with the efficiency, transparency and accessibility of block-chain technology.
“This partnership reflects our shared vision for a more interconnected, efficient and secure global financial ecosystem,” said Hongyu Zhou, Chairman of YYAI. “We believe that by aligning our expertise, we can lead the next wave of innovation in digital asset markets, where real-world assets and the digital markets intersect.”
#3. YYAI Potential Catalyst – Multiple Technicals Are Triggered For YYAI From The Short To Long Term.
On Thursday at 4:00PM EST, Barchart was reporting several triggered technical indicators across the short, medium, and long term for YYAI.
Here’s their list (as of 4:00PM EST Thursday):
Short Term Indicators
20 – 50 Day MA Crossover
20 – 100 Day MA Crossover
20 – 200 Day MA Crossover
Medium Term Indicators
50 Day Moving Average
50 – 100 Day MA Crossover
50 – 150 Day MA Crossover
50 – 200 Day MA Crossover
Long Term Indicators
100 Day Moving Average
150 Day Moving Average
200 Day Moving Average
100 – Day MA Crossover
Make sure to watch these technical indicators closely moving forward.
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#4. YYAI Potential Catalyst – YYAI Signs Key Content Creation Agreement To Produce And Sell Content On TikTok.
Connexa Sports Technologies Inc. Signs Content Creation Agreement with TikTok for the Middle East and North Africa
Smyrna, DE, Feb. 24, 2025 (GLOBE NEWSWIRE) — As foreshadowed in a January 2025 press release, Connexa Sports Technologies Inc. (Nasdaq: YYAI) is pleased to announce that its majority-owned subsidiary, Yuanyu Enterprise Management Limited (YYEM), has signed an MCN (Multi-Channel Network) agency services agreement to create and sell content to TikTok as part of its exciting new vertical centered on social networking applications.
Under this agreement, YYEM will procure the production of content to be live-streamed or served as videos to TikTok’s multitude of users in the Middle East and North Africa (MENA). This is expected to include engaging broadcasts across various categories, such as sports, gaming, and lifestyle topics, produced by popular Twitch hosts and other influencers within the network that YYEM is developing. We anticipate that YYEM’s new vertical will also include live-streaming, voice chat rooms, gaming, and influencer-driven user-generated content (UGC). The fees generated by the arrangement with TikTok will depend on the rate of conversion by TikTok end-users.
With TikTok facing uncertainty in North America, YYEM is aiming to capitalize on the platform’s massive reach in the MENA region. As of July 2024, countries like the United Arab Emirates and Saudi Arabia reported TikTok penetration rates exceeding 120% of the adult population, making this a prime market for YYAI and YYEM to target with our new venture.
Hongyu Zhou, Chairman of YYAI, commented, “This deal has the potential to create new revenue streams for YYAI, as well as marketing and other opp’s related to YYEM’s engagement with TikTok’s large and growing base of users and fans. Given the challenges TikTok is facing in the United States, we believe that partnering with TikTok in the MENA region presents a unique opportunity. We expect to grow our social networking, influencer, and content creation business over the coming year and anticipate that our new social networking vertical will open further opp’s for YYAI.”
#5. YYAI Potential Catalyst – A Major Acquisition Gets The Party Kicked-Off For Connexa!
Connexa Has Closed The Acquisition Of A Further 50% Of Yyem And Confirms That Trading Of The Post-Acquisition YYAI Will Commence Friday, November 22, 2024
Windsor Mills, Nov. 21, 2024 (GLOBE NEWSWIRE) — Connexa Sports Technologies Inc. (Nasdaq:YYAI) is pleased to announce that it has closed the acquisition of a further 50% ownership stake in Yuanyu Enterprise Management Co., Limited (YYEM), a Hong Kong-based entity focused on the global Love and Marriage sector, taking its overall stake in YYEM to 70% and received Nasdaq confirmation that post-acquisition trading of YYAI will commence at the market opening tomorrow morning on November 22, 2024.
As a result of the acquisition, Connexa has now undergone a change of control, appointed new officers, new directors, and effected a spin-off of the Slinger Bag business.
“We would like to thank all of our shareholders and directors for their support in the acquisition of YYEM and we wish YYEM and Connexa’s new board every success for the future,” concluded Mike Ballardie, the former CEO of Connexa.
Mr. Zhou, Chairman of YYEM and a new member of Connexa’s Board of Directors, commented, “I thank the outgoing directors for their service to Connexa and look forward to an exciting future as we take the company forward into the Love and Marriage sector.”
#1. Could A Low Float Create The Environment For Heightened Volatility Potential?
#2. In A Game-Changing Move, Connexa Signs $500Mn Agreement To Launch New Cryp-to Exchange.
#3. Multiple Technicals Are Triggered For YYAI From The Short To Long Term.
#4. YYAI Signs Key Content Creation Agreement To Produce And Sell Content On TikTok.
#5. A Major Acquisition Gets The Party Kicked-Off For Connexa!
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We’re officially setting-off covering on Connexa Sports Technologies Inc. (Nasdaq: YYAI).
Be on the lookout for updates coming soon.
Sincerely,
Kai Parker
StockWireNews
(Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)
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