Nasdaq’s NewGenIVF Strikes $120M Solana Deal, Swaps Shares for 600,000 SOL

TLDR:

• NewGenIVF’s $120M deal lets it receive Solana tokens for share sales, marking a rare crypto-based funding model.
• The Nasdaq-listed firm already holds 13,000 SOL worth $2.5M, deepening its blockchain asset exposure.
• White Lion Capital sees the transaction as a step toward merging public equities with digital currencies.
• The agreement awaits final regulatory filings and could make NewGenIVF one of the largest Solana treasuries in Asia.
  

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NewGenIVF Group, a Nasdaq-listed tech conglomerate, is making a bold move in crypto finance. The company has entered into an agreement with White Lion Capital for a purchase worth 600,000 Solana tokens, valued at around $120 million. 

Instead of cash, NewGenIVF will receive SOL as payment for share sales under a two-year deal. The decision reflects a growing trend of companies integrating blockchain assets into corporate structures. 

Company Expands Its Solana Strategy Through Crypto-Based Agreement

Under the new term sheet, NewGenIVF can sell shares to White Lion at its discretion for Solana tokens instead of cash. The deal, subject to final agreements and regulatory filings, is structured over an initial 24-month period. 

Once executed, White Lion will compensate the company directly in SOL tokens, reinforcing NewGenIVF’s growing blockchain treasury approach.

The company began building its digital asset portfolio in December 2024 with a $1 million investment. By mid-2025, it had already accumulated 13,000 SOL, valued at roughly $2.5 million. 

This latest arrangement could elevate NewGenIVF’s position as one of the few publicly traded firms with substantial exposure to Solana.

NewGenIVF stated that the partnership aligns with its broader goal of merging traditional business operations with blockchain-driven financial infrastructure. The move also aligns with its work in real-world asset tokenization projects in real estate and fine art.

The company’s CEO, Alfred Siu Wing Fung, described the agreement as an innovative step toward integrating digital assets into everyday corporate finance. He said the arrangement strengthens NewGen’s confidence in Solana’s scalability and speed, which continue to attract institutional attention.

White Lion Sees Future in Crypto-Financed Corporate Structures

For White Lion Capital, the transaction introduces a new way to merge public markets with decentralized assets. The firm expressed that it views the share-for-token structure as a model for future funding rounds. 

White Lion’s managing partner, Nathan Yee, called it a “blueprint” for a new era of blockchain-based capital formation.

This partnership comes as crypto-treasury adoption gains traction across multiple industries. By choosing Solana, both companies appear to be betting on its rising role in decentralized finance and real-world utility. It also reinforces Solana’s expanding reputation among institutional investors seeking scalable blockchain infrastructure.

According to the press release, the execution of the term sheet will depend on regulatory clearance and the filing of a registration statement. Once approved, the transaction could mark one of the largest Solana-based corporate purchases ever disclosed by a public company.

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