The tokenization project is linked to a real estate development expected to generate over US$400 million in sales.
BANGKOK, July 01, 2025 — NewGenIvf Group Limited (NASDAQ: NIVF) (“NewGen” or the “Company”), an Asian fertility services provider, announced that its subsidiary, NewGenDigital Limited (“NewGenDigital”), has officially acquired a strategic land parcel in the Beach District of Ras Al Khaimah, UAE (the “Plot”). The company is now assessing the possibility of issuing digital tokens associated with the Plot as part of its broader strategy to explore blockchain-based asset digitization. This marks a significant step in the Company’s previously disclosed US$45 million investment in the UAE real estate sector.
NewGenDigital anticipates that the Plot will allow it to take advantage of Ras Al Khaimah’s strong growth, particularly as the region gears up for the opening of the Wynn Al Marjan Island integrated resort in early 2027. The 110,400 sq. ft. Plot, boasting an estimated saleable area of roughly 527,750 sq. ft. in a prime beachfront location, is expected to benefit from the region’s strong economy and pro-investor policies, creating an ideal environment for value growth and significant ROI.
In line with NewGenDigital’s focus on digital assets and its belief in blockchain’s potential, the company is considering using the Plot in a Real World Asset (RWA) tokenization initiative. RWA tokenization is an innovative approach that converts physical assets, such as real estate, into digital tokens on blockchain networks. This enables fractional ownership, greater liquidity, and global trading opportunities. While NewGenDigital has no plans to offer or sell tokens to U.S. individuals, any possible tokenization will adhere to U.S. securities regulations and require approval from relevant regulatory bodies, including the United States Securities and Exchange Commission and UAE regulators. The UAE is a leader in blockchain development, highlighted by the 2023 launch of the Ras Al Khaimah Digital Assets Oasis Free Zone, the world’s first free zone dedicated to digital assets. Furthermore, Dubai’s Virtual Asset Regulatory Authority (VARA) has implemented clear regulatory frameworks to facilitate tokenized asset issuance and trading. These initiatives make the UAE an attractive location for NewGenDigital’s new blockchain venture.
Mr. Siu Wing Fung Alfred, Founder, Chairman, and CEO of NewGen, stated, “Securing this strategic plot is a key advancement in NewGenDigital Limited’s blockchain strategy, demonstrating its commitment to innovative digital asset opportunities. We are excited about the potential tokenization of this high-value real estate asset, which is projected to generate over US$400 million in sales. This could create a digital representation allowing on-chain management of ownership rights, effectively bridging physical and digital assets in a region at the forefront of blockchain innovation. Supported by the UAE’s strong digital asset regulations and Ras Al Khaimah’s vibrant property market, NewGenDigital aims to create value for stakeholders while leading innovation in the RWA tokenization space.”
Mr. Simon Cook, Sales Director of Marjan Properties, commented, “We are happy to welcome NewGenDigital to the growing list of international developers and brands establishing a presence in the region. We are enthusiastic about our partnership and look forward to future success.”
About NewGen
NewGen provides comprehensive fertility services in Asia, assisting couples and individuals in accessing fertility treatments. With a focus on helping individuals and couples build families, regardless of fertility challenges, NewGen is dedicated to improving access to infertility treatment and offering comprehensive fertility services. NewGen’s management team has over a decade of collective experience in the fertility industry. NewGen clinics, located in Thailand, Cambodia, and Kyrgyzstan, offer a complete suite of services, including comprehensive infertility and assisted reproductive technology treatments, egg and sperm donation, and surrogacy, where appropriate. For more information, visit . Information found on NewGen’s website is not part of this press release.
Forward-Looking Statements
This press release contains forward-looking statements made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are generally identified by terms like “believe,” “project,” “expect,” and similar expressions. These forward-looking statements include descriptions of the Company’s investment initiatives, real estate development plans, Real World Asset (RWA) tokenization strategy, and expected financial performance. These statements are based on current expectations and assumptions, and are subject to risks and uncertainties. Several factors could cause actual events to differ materially from these statements, including: (i) NewGenDigital’s ability to obtain regulatory approvals for its tokenization initiative; (ii) market and economic conditions; (iii) NewGenDigital’s ability to develop the plot, launch the tokenization initiative and achieve projected financial outcomes; and other global and geopolitical factors. Readers should carefully consider these factors and the other risks and uncertainties described in the Company’s annual report on Form 20-F and other documents filed with the SEC, which could cause actual events to differ materially from those contained in the forward-looking statements. Copies of these documents are available on the SEC’s website, www.sec.gov. All information is current as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required by law.
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