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NewGen Subsidiary Secures Strategic UAE Land and Begins Exploration of Potential Real World Asset Tokenization InitiativeBANGKOK, July 01, 2025 (GLOBE NEWSWIRE) -- NewGenIvf Group Limited (NASDAQ: NIVF) (“NewGen” or the “Company”), a comprehensive fertility services provider in Asia helping couples and individuals obtain access to fertility treatments, today announced that its subsidiary, NewGenDigital Limited (“NewGenDigital”), has formally secured a strategic plot of land in Ras Al Khaimah’s Beach District, UAE (the “Plot”), and is evaluating the feasibility of issuing digital tokens tied to the Plot as part of the Company’s broader strategy to access blockchain-based asset digitization opportunities. This represents a significant milestone in the Company’s previously announced US$45 million investment initiative in the UAE real estate market. The Plot is expected to position NewGenDigital to capitalize on Ras Al Khaimah’s exceptional growth trajectory, particularly as the region prepares for the opening of the Wynn Al Marjan Island integrated resort in early 2027. The 110,400 sq. ft. Plot, with an estimated saleable area of approximately 527,750 sq. ft., situated at a prime beachfront location, combined with the region’s robust economic fundamentals and investor-friendly policies, is expected to create an ideal environment for appreciation and substantial ROI. To align with NewGenDigital’s focus on the digital assets space and its belief in the potential of the blockchain, NewGenDigital is exploring the use of the Plot as part of a Real World Asset (RWA) tokenization initiative. RWA tokenization is an innovative process that transforms physical assets like real estate into digital tokens on blockchain networks, enabling fractional ownership, increased liquidity, and global trading capabilities. Although NewGenDigital is not planning to offer or sell tokens to U.S. persons, any potential tokenization will be subject to U.S. securities laws, and the approval of relevant regulators, including the United States Securities and Exchange Commission and UAE regulators. The UAE has positioned itself at the forefront of the blockchain evolution, with major developments including the establishment in 2023 of the Ras Al Khaimah Digital Assets Oasis Free Zone, the world’s first dedicated free zone for digital assets, and the implementation of clear regulatory frameworks through Dubai’s Virtual Asset Regulatory Authority (VARA) to facilitate tokenized asset issuance and trading. As a result of these initiatives, the UAE is an ideal place for NewGenDigital to pursue this new blockchain initiative. Mr. Siu Wing Fung Alfred, Founder, Chairman, and CEO of NewGen, commented, “Securing this strategic plot marks a pivotal advancement in NewGenDigital Limited’s blockchain strategy, representing its embrace of cutting-edge digital asset opportunities. We are excited to explore the tokenization of this premium real estate asset which has a projected sales revenue exceeding US$400 million, and the potential to create a digital representation that enables on-chain mangement of ownership rights, effectively connecting physical and digital assets in a region that has positioned itself at the forefront of blockchain innovation. Supported by the UAE's robust digital asset regulations and Ras Al Khaimah's thriving property market, NewGenDigital is positioned to create stakeholder value while pioneering innovation in the RWA tokenization landscape.” Mr. Simon Cook, Sales Director of Marjan Properties, commented, “We are pleased to welcome NewGenDigital to the list of numerous international developers and brands which have built a presence in the region. We are excited for our partnership and look forward to driving success in the future.” About NewGen Forward-Looking Statements Investor Relations Contact ![]() |