Airwa receives $30 million in Solana tokens to strengthen its exchange infrastructure and accelerate the deployment of tokenized US equities.
summary
- Airwa has secured $30 million in Solana Tokens to expand its exchange and develop Solana-based trading pairs.
- This investment supports the deployment of tokenized US stocks with 24/7 blockchain trading.
- Airwa targets users with a crypto background and integrates stock market access with on-chain payment speeds.
According to a press release dated October 7, Publicly-Traded Airwa Inc. has acquired custody of approximately $30 million in Solana (Sol) Tokens, an investment earmarked to support the expansion of the Airwa exchange.
Airwa said the capital injection is aimed at solidifying the exchange's financial foundation and specifically accelerating the development of Solana-based trading pairs. Notably, this move coincides with the company confirming the successful completion of a test run to resolve trading of tokenized US stocks on the platform.
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Airwa takes crypto-origin path to tokenized equity trading
According to Airwa, its exchange is built for digital asset traders rather than traditional stock investors moving to crypto. The platform's design tokenized U.S. stocks as on-chain assets that can be traded, resolved, and recorded on a blockchain ledger with the same immediacy as cryptocurrencies.
Instead of operating within the constraints of stock market time and intermediate settlement processes, Airwa's model aims for 24-hour trading, global reach, and blockchain-level transparency.
“Our vision is to create an innovative platform that allows crypto users to easily access and trade US stocks, integrating the efficiency and speed of blockchain technology with the traditional US stock market.”
The platform aims for initial deployment from joint venture partner Jucoin's ecosystem to an embedded audience of approximately 4 million users, according to a press release. That initial user base could give Airwa a competitive edge as the tokenized market evolves beyond a pilot program into a fully functioning ecosystem.
Airwa Inc. is a NASDAQ-registered company operating through its majority-owned subsidiary, Yuanyu Enterprise Management Co., and licenses advanced digital technologies to partners around the world. The company's pivot to Web3 through Airwa Exchange underscores its ambition to blend traditional financial frameworks with blockchain efficiency.
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