said<\/a> the $30 million investment will be financed through existing credit lines with ATW and White Lion.<\/p>\nSolana (SOL), renowned for its high-speed transactions and expanding decentralized app ecosystem, enables token holders to earn staking rewards while supporting the network\u2019s operations.<\/p>\n
CEO Siu Wing Fung Alfred described the investment as a \u201cnatural evolution\u201d of the firm\u2019s digital asset strategy and a way to diversify NewGen\u2019s portfolio.\u00a0<\/p>\n
<\/p>\n
Long term value in DeFi and staking<\/h2>\n
He highlighted the company\u2019s belief in the long-term value of decentralized finance and the potential for shareholder returns through staking.<\/p>\n
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.<\/p>\n
While NewGen remains focused on reproductive services, the company\u2019s increasing exposure to blockchain investments signals its intent to capitalize on emerging technologies for long-term growth.\u00a0<\/p>\n
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.\u00a0<\/p>\n
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.\u00a0\u00a0<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
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…<\/p>\n","protected":false},"author":1,"featured_media":180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=1772"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1772\/revisions"}],"predecessor-version":[{"id":1773,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1772\/revisions\/1773"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/180"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=1772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=1772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=1772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}