Groovy Company rebrands as RWA Tokens, names interim CEO and moves HQ to Atlanta

By AI, Created 9:46 AM UTC, May 20, 2026, /AGP/ – Groovy Company, Inc. announced a platform rebrand, executive shakeup, and relocation of its principal offices to Atlanta on May 4, 2026. The company says its new RWA Tokens platform targets tokenization across equities, real estate and critical minerals as the market for real-world asset tokenization expands.

Why it matters: - Groovy Company is positioning itself in a fast-growing real-world asset tokenization market that the company says could reach about $13 trillion by 2030. - The new platform is built to cover three of the largest tokenization categories: securities, real estate and strategic minerals. - The move pairs a product rebrand with leadership changes and a headquarters shift, signaling a reset in how Groovy Company presents itself to investors and partners.

What happened: - Groovy Company, Inc. announced the launch of its rebranded institutional tokenization platform, RWA Tokens, on May 4, 2026. - Frank Yglesias was appointed interim chief executive officer. - The company relocated its principal executive offices to 600 West Peachtree Street NW, Suite 1700, Atlanta, Georgia 30308, effective May 1, 2026. - Groovy Company remains domiciled in Wyoming. - The company’s announcement identifies RWA Tokens as the new platform brand.

The details: - RWA Tokens runs on Solana Mainnet-Beta and SPL Token-2022. - The platform is designed with regulatory enforcement at the protocol layer. - The launch includes three production modules: Equities, Real Estate and CORECM. - The Equities module covers OTC microcap, NASDAQ, AMEX, TSX and other global exchanges. - The Equities module issues ST22 Digital Securities backed 1:1 by Common Class B shares. - The Real Estate module is built for direct on-chain ownership of real-property assets. - The CORECM module is designed for Carbon Ore, Rare Earth and Critical Minerals. - Groovy Company describes CORECM as a tokenization rail for the U.S. strategic minerals supply chain. - Empire Stock Transfer is the company’s strategic partner and serves as a SEC Section 17A-registered transfer agent and qualified custodian for ST22 backing collateral. - CEDEX trading venue remains planned for launch in Q3 2026. - The planned GROO utility token remains unchanged. - The company describes GROO as a Category 1 Digital Commodity under SEC Release No. 33-11412. - Trading on the platform executes on CEDEX with stablecoin settlement. - The company says tokenized-securities offerings, if any, will be made only under applicable exemptions, including Reg D, Reg S and Reg CF. - The company also says tokenized assets carry substantial risk, including total loss.

Between the lines: - The leadership transition suggests Groovy Company is moving from founder-era execution to a broader search for regulated-capital-markets experience. - The company says the board is looking for a permanent CEO with experience in regulated capital-markets infrastructure, current digital-asset regulation and global-scale RWA tokenization. - The timing lines up with a more favorable policy backdrop, including SEC Release No. 33-11412, the Joint Staff Statement on Tokenized Securities and the SEC Staff Statement on Covered User Interface Providers. - The company is tying its strategy to a market estimate that ranges from about $4 trillion to $30 trillion by 2030, with a midpoint near $13 trillion.

What’s next: - The board will continue searching for a permanent chief executive officer. - Groovy Company expects the CEDEX trading venue to launch in Q3 2026. - The company says the GROO utility token launch is still anticipated. - Future tokenized-securities offerings will depend on definitive offering documents and the applicable exemption pathway. - The company says its forward-looking plans remain subject to legal, technical, custody, market and competitive risks.

The bottom line: - Groovy Company is rebranding around tokenized real-world assets while consolidating leadership and shifting its base to Atlanta.