NewGen Enters Into an Innovative Digital Assets Purchase Agreement with White Lion to Acquire up to 600,000 Solana Tokens Valued at Over $110 Million

Core Insights - NewGenIvf Group Limited has entered a binding term sheet with White Lion Capital LLC for a Digital Assets Purchase Agreement involving 600,000 Solana (SOL) tokens [1][2] - The agreement allows NewGen to sell shares of common stock to White Lion over a 24-month period, receiving compensation in Solana tokens instead of cash, aligning with the company's Solana treasury strategy [2][4] - NewGen's digital asset strategy was launched in December 2024, with an initial investment of US$1 million, and has since established a Solana treasury and engaged in real-world asset tokenization projects [4] Company Overview - NewGenIvf Group is a diversified, tech-forward entity focusing on real estate development, digital asset management, and reproductive health solutions [5] - The company operates through three divisions: NewGenProperty (real estate), NewGenDigital (digital assets and DeFi), and NewGenSup (health and longevity products) [5] - NewGen has accumulated 13,000 Solana tokens valued at approximately US$2.5 million as of the press release date [4]