newgenivf

According to PRNewswire, Nasdaq-listed company NewGenIVF Group Limited announced an additional strategic investment of $4 million in the AI-native live streaming and prediction market platform K25.ai, bringing its total investment to $6 million, with an implied valuation of $100 million.

According to Tech In Asia, K25.ai, a prediction market and live streaming platform led by former OKX Chief Operating Officer Andy Cheung and based in Singapore, announced that Nasdaq-listed NewGenIVF Group (NIVF) made a preliminary investment of $2 million at a valuation of $100 million. This investment may subsequently increase to $10 million. The deal also grants NIVF an exclusive institutional partnership in the Asia-Pacific region. K25.ai and NIVF plan to expand into markets such as Singapore, Thailand, Japan, Australia, and New Zealand. The startup stated that it is exploring ways to enter the public market through strategic transactions or reverse mergers, but there is no guarantee that any listing plans will proceed.

The Nasdaq-listed Solana treasury company NewGenIvf disclosed in its latest financial report that it has purchased 13,000.23 SOL and participated in a $100 million gold-backed asset tokenization project.The financial report shows that NewGenIvf achieved a net profit of $17.5 million in the third quarter. The company's board also approved a 24-month stock repurchase plan with a scale of $2 million.