NewGenIVF Appoints Joshua Chu as Senior Counsel to Launch $30M Tokenized Bond
NewGenIVF Group announced the appointment of Joshua Chu as Senior Counsel to lead the Group's tokenization strategy, alongside the formal engagement of Evident Capital to support the launch of NIVF's inaugural tokenized bond issuance of up to $30M targeted for completion by Q1. As Senior Counsel, Mr. Chu will lead the structuring and issuance of NIVF's first tranche of tokenized bonds, with subscriptions of up to $30M, tentatively scheduled to close within Q1 of this year, subject to prevailing market conditions and applicable regulatory requirements. This inaugural issuance is intended to establish a repeatable, institution-grade framework for future tokenized financings by the Group. Following indications of prospective demand from investors for NIVF's tokenized bond offering, the Company has commenced preparations to tokenize bond issuances referencing, amongst others, the Group's UAE real estate project, a residential complex adjacent to the UAE's first casino at Ras Al Khaimah. Through this initiative, NIVF aims to provide investors with regulated, digitally native exposure to real-world assets while enhancing capital efficiency and diversifying its funding base. With these efforts, NIVF is aiming to transform its balance sheet, targeting approximately an increase of up to $28M in total assets and its capital commitments in Q1, through a non-dilutive, debt-style tokenized bond structure rather than new equity issuance, positioning the Group for an accelerated growth trajectory through 2026. The tokenized bond program is expected to act as a key value catalyst, supporting NIVF's broader strategic roadmap and expansion of its healthcare and real-asset portfolio.
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NewGenIVF Appoints Legal Expert to Drive $30 Million Tokenized Bond Issuance
- Strategic Leadership Appointment: NewGenIVF Group has appointed Web3 legal expert Joshua Chu as Senior Counsel to lead the company's inaugural $30 million tokenized bond issuance, expected to be completed in Q1 2026, thereby establishing a foundation for future tokenized financing.
- Market Demand Response: In response to investor interest in tokenized bonds, the company has begun preparations for bond issuances linked to its UAE real estate project, aiming to provide compliant digital asset investment opportunities that enhance capital efficiency and diversify funding sources.
- Balance Sheet Transformation: Through a non-dilutive, debt-style tokenized bond structure, NewGenIVF anticipates increasing total assets by up to $28 million in Q1 2026, driving accelerated growth and optimizing its financial structure.
- Partnership Strengthening: Collaboration with Evident Capital provides NewGenIVF with a comprehensive tokenization and distribution platform, ensuring that the bond issuance meets institutional standards and further solidifying the company's leadership position in the digital asset space.
NewGenIVF Converts Project to Joint Development, Expected Profit Increases to $123 Million
- Profit Enhancement: NewGenIVF plans to convert the Ras Al Khaimah project structure from a joint venture to a joint development, expecting to increase its pre-tax profit from $67 million to $123 million, demonstrating strong confidence in the project's profitability.
- Increased Financial Flexibility: Under the new structure, NewGenProperty Limited will assume full responsibility for project financing, ensuring a 64% share of net profits, which enhances the company's financial flexibility to accelerate development activities.
- Market Opportunity Capture: With the rapid appreciation of the Ras Al Khaimah real estate market, NewGen plans to raise additional funds to support the project conversion, which is expected to generate significant presale proceeds and reduce external funding needs.
- Legal Compliance Assurance: The conversion option has been confirmed by a leading law firm, ensuring that NewGen has the legal right to execute this conversion, thereby enhancing the transaction's legality and enforceability.
