NewGenIvf Group Limited (NIVF), a fertility services provider in Asia, has announced a $30 million investment into Solana staking. This step follows its initial $1 million Bitcoin investment made in December 2024 and marks a major expansion of the company’s digital asset strategy. The funding for this investment will come from two existing credit lines—$26 million from ATW and $100 million from White Lion. NewGen’s management stated this move reflects growing confidence in blockchain assets and decentralized finance. The company also plans to set up a separate unit to manage digital asset operations. NewGen $30 Million SOL Staking Strategy NewGen is using this investment to build a broader footprint in digital assets confirming the $30 million will be used for staking Solana (SOL). CEO Siu Wing Fung Alfred commented, “This investment represents a natural evolution of our digital asset strategy and positions us strategically within the burgeoning digital assets space.”… Read More at Coingape.com
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