Bitcoin
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$105,525.00 0.47394
Bitcoin price
Ethereum
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$2,641.44 1.39293
Ethereum price
BNB
BNB (BNB)
$671.54 0.93388
BNB price
Solana
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$156.83 -1.2788
Solana price
XRP
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$2.25 2.6213
XRP price
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$0.0000131 0.23316
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$0.0000125 -0.41919
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Bitcoin
Bitcoin (BTC)
$105,525.00 0.47394
Bitcoin price
Ethereum
Ethereum (ETH)
$2,641.44 1.39293
Ethereum price
BNB
BNB (BNB)
$671.54 0.93388
BNB price
Solana
Solana (SOL)
$156.83 -1.2788
Solana price
XRP
XRP (XRP)
$2.25 2.6213
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000131 0.23316
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000125 -0.41919
Pepe price
Bonk
Bonk (BONK)
$0.000017 -2.74981
Bonk price
dogwifhat
dogwifhat (WIF)
$0.98061 0.96767
dogwifhat price
Popcat
Popcat (POPCAT)
$0.375673 -7.79424
Popcat price
Bitcoin
Bitcoin (BTC)
$105,525.00 0.47394
Bitcoin price
Ethereum
Ethereum (ETH)
$2,641.44 1.39293
Ethereum price
BNB
BNB (BNB)
$671.54 0.93388
BNB price
Solana
Solana (SOL)
$156.83 -1.2788
Solana price
XRP
XRP (XRP)
$2.25 2.6213
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000131 0.23316
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000125 -0.41919
Pepe price
Bonk
Bonk (BONK)
$0.000017 -2.74981
Bonk price
dogwifhat
dogwifhat (WIF)
$0.98061 0.96767
dogwifhat price
Popcat
Popcat (POPCAT)
$0.375673 -7.79424
Popcat price
Bitcoin
Bitcoin (BTC)
$105,525.00 0.47394
Bitcoin price
Ethereum
Ethereum (ETH)
$2,641.44 1.39293
Ethereum price
BNB
BNB (BNB)
$671.54 0.93388
BNB price
Solana
Solana (SOL)
$156.83 -1.2788
Solana price
XRP
XRP (XRP)
$2.25 2.6213
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000131 0.23316
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000125 -0.41919
Pepe price
Bonk
Bonk (BONK)
$0.000017 -2.74981
Bonk price
dogwifhat
dogwifhat (WIF)
$0.98061 0.96767
dogwifhat price
Popcat
Popcat (POPCAT)
$0.375673 -7.79424
Popcat price

NewGenIvf to invest $30m in Solana staking strategy

Jayson Derrick
Edited by
News
NewGenIvf to invest $30m in Solana staking strategy

NewGenIvf Group Limited, a leading fertility services provider in Asia, announced plans to invest $30 million in Solana staking, deepening its expansion into the blockchain sector.

The move follows a $1 million investment in Bitcoin (BTC) made by NewGen in December 2024. 

This latest decision marks a significant increase in its digital asset exposure. The company said the $30 million investment will be financed through existing credit lines with ATW and White Lion.

Solana (SOL), renowned for its high-speed transactions and expanding decentralized app ecosystem, enables token holders to earn staking rewards while supporting the network’s operations.

CEO Siu Wing Fung Alfred described the investment as a “natural evolution” of the firm’s digital asset strategy and a way to diversify NewGen’s portfolio. 

Long term value in DeFi and staking

He highlighted the company’s belief in the long-term value of decentralized finance and the potential for shareholder returns through staking.

As part of this strategic shift, NewGen will form a dedicated subsidiary to manage its digital asset activities, separating its blockchain investments from its core fertility business, which operates clinics in Thailand, Cambodia, and Kyrgyzstan.

While NewGen remains focused on reproductive services, the company’s increasing exposure to blockchain investments signals its intent to capitalize on emerging technologies for long-term growth. 

Interest from corporations in digital assets is increasing, with public companies allocating Bitcoin and Ethereum to their balance sheets, according to a recent report from Binance. 

Last week, Trump Media and Technology Group closed a $2.44 billion private placement with approximately 50 institutional investors, aiming to establish one of the largest Bitcoin treasuries among publicly traded U.S. companies.