Jun 4
NewGen Doubles Down on K25.ai with Additional US$4 Million Stake and Adopts Digital Asset Treasury Strategy
➤ NewGenIVF Group Limited has increased its stake in AI-native livestreaming prediction market platform K25.ai to 6% through an additional US$4 million investment. ➤ The company is adopting a Digital Asset Treasury strategy, planning to hold digital assets like Bitcoin and Solana, and will leverage K25.ai's CEO, Andy Cheung, for expertise. ➤ This move aims to strengthen NewGen's reserve base, diversify assets, and position it as a key player in the digital asset economy, with K25.ai's valuation already exceeding NewGen's market cap.