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NewGenIVF Group Stock Soars 11.11% on UAE Real Estate Ventures

Generated by AI AgentAinvest Pre-Market Radar

Wednesday, Jul 2, 2025 8:05 am ET1min read

NewGenIVF Group's stock surged by 11.11% in pre-market trading on July 2, 2025, driven by significant developments in its real estate ventures.

NewGenIVF Group's subsidiary, NewGenDigital Limited, has secured a strategic beachfront plot in Ras Al Khaimah, UAE. This acquisition is part of a broader initiative to explore blockchain tokenization for a $400 million real estate project near the future Wynn resort. The tokenization effort aims to leverage the projected sales revenue exceeding US$400 million, positioning NewGenIVF GroupNIVF-- at the forefront of innovative real estate investments.

Additionally, NewGenIVF Group has announced a planned US$45 million strategic investment in UAE real estate. This investment is focused on high-potential areas, further solidifying the company's presence in the region and enhancing its portfolio with premium assets. The company's proactive approach to real estate development and tokenization initiatives has garnered significant market attention, contributing to the positive sentiment surrounding its stock.

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