NewGenIvf Group Signs $2 Million Art Tokenization Agreement with World Chinese Museum

Reuters
Oct 20
NewGenIvf Group Signs $2 Million Art Tokenization Agreement with World Chinese Museum

NewGenIvf Group Ltd. announced that it has signed an engagement letter with World Chinese Museum Co., Ltd. to serve as the worldwide agent for the tokenization of the museum's high-value private art collection. The initial tranche of artwork to be tokenized is valued at US$2 million, with the agreement allowing for expansion to additional artworks up to a total value of US$200 million, depending on the success of the initial phase. Under the agreement, NewGen will earn a 15% fee on the total value of tokenized assets. The project involves converting physical artwork assets into digital tokens on a blockchain, enabling liquidity and fractional ownership.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NewGenIvf Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9548222-en) on October 20, 2025, and is solely responsible for the information contained therein.

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