AiRWA Secures $30M Investment in Solana to Enhance Tokenized Asset Trading
AiRWA has acquired $30 million in Solana tokens to enhance its exchange infrastructure and expedite the launch of tokenized U.S. equities, aiming to transfer traditional assets onto blockchain with cryptocurrency-level efficiency.
Summary
- AiRWA secured $30 million in Solana tokens to broaden its exchange and create Solana-based trading pairs.
- The funding aids the rollout of tokenized U.S. equities, enabling 24/7 blockchain trading.
- AiRWA is focused on crypto-native users, combining stock market access with on-chain settlement speed.
As per a press release dated Oct. 7, publicly-traded AiRWA Inc. has secured roughly $30 million in Solana (SOL) tokens, intended to bolster the expansion of its AiRWA Exchange.
The company indicated that this financial input is aimed at reinforcing the exchange’s operational foundation and specifically accelerating the development of trading pairs on Solana. Importantly, this announcement follows the successful completion of test runs for settling trades of tokenized U.S. equities on its platform.
AiRWA follows a crypto-centric route for tokenized equity trading
According to AiRWA, its exchange is designed for digital-asset traders, steering away from traditional equity investors entering the crypto space. The platform treats tokenized U.S. equities as on-chain assets, allowing them to be traded, settled, and recorded on blockchain ledgers with the same immediacy as cryptocurrencies.
Rather than adhering to stock-market hours and conventional settlement processes, AiRWA aims for 24-hour trading, worldwide reach, and transparency at the blockchain level.
“Our vision is to create an innovative platform that empowers crypto users to easily access and trade tokenized U.S. equities, merging the efficiency and speed of blockchain technology with the traditional U.S. stock markets,” said Hongyu Zhou, Chairman of AiRWA.
The platform is set for an initial launch to an existing audience of about 4 million users from its joint-venture partner, JuCoin, according to the press release. This early user base could provide AiRWA with a competitive advantage as tokenized markets transition from pilot phases to fully operational ecosystems.
AiRWA Inc. is a Nasdaq-listed entity functioning through its majority-owned subsidiary, Yuanyu Enterprise Management Co., which licenses cutting-edge digital technologies to partners globally. The company’s shift towards Web3 through AiRWA Exchange highlights its ambition to integrate traditional financial structures with blockchain efficiencies.