K25.ai receives $2 million initial strategic investment from Nasdaq-listed company NIVF

Foresight News reports that the AI-driven prediction market platform K25.ai has received an initial strategic investment of $2 million from NASDAQ-listed company NIVF. NIVF has also secured an option to increase its investment up to $10 million. K25.ai is valued at $100 million in this transaction.

K25.ai was founded by former exchange COO Andy Cheung. As part of the strategic collaboration, Andy Cheung will join the NIVF board of directors. The platform targets licensed markets in the Asia-Pacific region such as Thailand, Singapore, Japan, Australia, and New Zealand, and is currently not available to users in Mainland China, Hong Kong, Macau, or the United States.