Welcome to our dedicated page for Greenpro Capital news (Ticker: GRNQ), a resource for investors and traders seeking the latest updates and insights on Greenpro Capital stock.
Greenpro Capital Corp. (NASDAQ: GRNQ), established in 2013, is a rapidly growing professional corporate advisory entity with a team of experienced industry experts. The company specializes in providing cross-border public listing services, asset protection, trust services, financial review, and wealth management. Greenpro Capital's core mission is to help clients capitalize on their value by offering tailored expert advice.
In 2014, Greenpro Capital was listed on the OTCQB market in the United States, and in 2018, it successfully moved to the NASDAQ market. This strategic uplift showcases the company’s commitment to global expansion and reliability.
Greenpro Capital operates worldwide, with offices in Hong Kong, China, Taiwan, Malaysia, Singapore, Australia, and Thailand. The company’s services are focused on small and medium-sized businesses in Southeast Asia and East Asia, particularly in Hong Kong, China, Malaysia, Thailand, and Taiwan.
The company offers a broad range of services, including:
- Cross-border business solutions: Tax planning, trust and wealth management, listing advisory services, and transaction services.
- Record management and accounting outsourcing services.
- Venture capital business operations.
- Real estate business: Trading or leasing of commercial properties in Hong Kong and Malaysia.
Recent Achievements:
Greenpro Capital’s subsidiary, Green-X, operates the world’s first Shariah-compliant ESG Digital Asset Exchange. This platform was awarded the world’s first Shariah-compliant Carbon Credit Tokenization Platform by ESG Association Malaysia, recognizing Green-X’s contribution to ESG initiatives in Malaysia. The core product, the Security Token Offering (STO), helps small and medium entrepreneurs digitalize, securitize, and tokenize their illiquid assets.
Greenpro Capital has also inked significant partnerships, such as a Memorandum of Understanding (MOU) with Klaytn Foundation and Korea-based CREDER to integrate real-world assets into the DeFi/Web3.0 ecosystem. The collaboration aims to leverage blockchain technology to enhance liquidity, transparency, and fractional ownership opportunities.
Current Projects:
Greenpro Capital is actively developing a pipeline of Shariah-compliant physical-based digital assets for DeFi platforms. This includes tokenizing assets like gemstones, rare earth elements, and Chinese antiques. Additionally, the company is focused on green technology projects in Indonesia, such as perpetual electromagnet generators, waste engine oil to green diesel catalysts, and pure drinking water creation.
Financial Condition:
Greenpro Capital has issued 7,575,813 shares, with a float of 4,089,641 shares. The company continues to show robust financial health and strategic partnerships, reinforcing its position as a leader in the corporate advisory and digital asset exchange sectors.
Greenpro Capital Corp (NASDAQ:GRNQ), a multinational financial services company with a $7.65 million market capitalization, has announced regaining compliance with Nasdaq's Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share. The company received confirmation from the Nasdaq Listings Qualifications Staff regarding their adherence to the rule.
CEO and Co-Founder Dr. CK Lee expressed confidence in the company's resolution of compliance challenges and its future development in the digital finance space, emphasizing their commitment to creating long-term value for shareholders.
Greenpro Capital Corp. (NASDAQ:GRNQ) has formed a tripartite consortium with Royal Turf Club of Thailand and Capital Trust Group to develop a US$6 billion Thailand Entertainment Complex. The mega-complex will feature a horse-racing track, 6-star hotels, golf courses, restaurants, theatres, sports facilities, concert halls, cultural centre, and shopping areas.
The project, targeting Thai and foreign tourists with an expected 50,000 club members worldwide, is proposed for five potential areas in Bangkok and surroundings. The complex will incorporate green technology, including air purifiers and clean energy systems. Capital Trust Group and Greenpro Capital will lead fundraising efforts through conventional markets and cryptocurrency channels, with CTG planning to issue a US$6 billion digital bond targeting wholesale investors in web-3 communities.
GreenX has joined the newly launched Asia Digital Asset Exchange Alliance, alongside exchanges from Korea, Japan, Singapore, Thailand, and Cambodia. The alliance was unveiled at Blockchain Week in Busan (BWB2024) on October 28, 2024. The collaboration aims to strengthen the digital asset ecosystem through market expansion, regulatory coordination, and expertise sharing. GreenX, as the first Shariah Compliant Digital Asset Exchange, targets Islamic communities with RWA tokens. The alliance members include Busan Digital Asset Exchange, Osaka Digital Exchange, ADDX, TokenX, and Mekong Digital Exchange.
GreenX, a Shariah Compliant ESG Digital Asset Exchange, is expanding its blockchain presence in Indonesia through strategic initiatives. The company conducted a training program in Surabaya from October 8-10, 2024, in collaboration with various institutions including Dubai Blockchain Center. A strategic agreement was signed on October 17, 2024, with Pondok Pesantren Darul Fiqih to promote blockchain technology through Islamic boarding schools. GreenX plans to implement the BIMP-EAGA Digital Wallet in Indonesia, enabling participants to engage with Shariah-Compliant Digital Assets (RAMZ), with plans to airdrop listed RAMZ to selected BIMP communities.
GreenX, a leading Shariah Compliant ESG Digital Asset Exchange, has approved the listing of KS Digital's KSGEMS Token on its platform. The token is 100% backed by investment-grade precious gemstones. KS Digital's portfolio includes 28 high-quality gemstones totaling 498.04 carats, valued at an estimated US$24.37 million. The company is offering a 21.28% discount for STO investors, bringing the net value to US$19.18 million.
The gemstones are multi-certified from renowned laboratories, ensuring authenticity and quality. KS Digital will issue 19,185,000 Securities Tokens, each priced at US$1.00. Tokenholders will benefit from potential gemstone appreciation and regular dividend/bonus distributions. Private auctions will be held half-yearly, subject to market conditions, with net proceeds distributed to tokenholders.
Greenpro Capital (GRNQ) and private equity firm Crewstone International have signed a strategic collaboration MOU to formalize comprehensive cooperation. The agreement aims to facilitate deal referrals, introduce new investors, secure capital commitments, explore joint ventures, and broker asset transactions. The partnership will focus on sectors including supply chain, clean energy, logistics, and digital assets.
Crewstone's CIO, Wong Keng Fai, highlighted the MOU's potential to leverage industry insights and investor networks, while tapping into Greenpro's expertise in capital markets, M&A, pre-IPO strategies, and Nasdaq listings. Greenpro's CEO, Dr. CK Lee, emphasized the company's position as a public-listed entity to raise capital, execute M&A transactions, and offer exit strategies for scaling businesses.
GreenX, the World's First Shariah Compliant Digital Asset Exchange, has announced its expansion into the Middle East market through a partnership with Sharia Digital Technologies FZ - Dubai. This collaboration will involve technology transfer, Shariah expertise, Security Token Offering (STO) listing structure, and technical support to develop the Middle East market. Dubai will serve as GreenX's regional headquarters.
Philip Tam, Chief Exchange Officer of GreenX, expressed excitement about adding Dubai to their Global STO Alliance, citing the city's status as a blockchain hub. Dr. CK Lee, CEO of Greenpro Capital Corp, emphasized their mission to bring the internationally recognized Shariah framework to global markets under the LabuanFSA's Islamic Digital Asset Centre (IDAC) initiative.
GreenX, the World's First Shariah Compliant Digital Asset Exchange, is set to sign a Memorandum of Understanding (MOU) with Sharia Digital Technologies FZ - Dubai and PT Digital Syariah Teknologi (DST) Surabaya on August 27, 2024. The signing will take place at Area 2071 of the Dubai Future Foundation Auditorium. This partnership aims to expand GreenX's global platform and bring Shariah-compliant digital assets to Islamic communities worldwide.
The event will also feature the announcement of GreenX platform token (GXT) pre-sales, available exclusively on the GreenX website. The ceremony will be attended by notable figures, including religious leaders, ambassadors, and officials from the UAE Ministry of Economy.
GreenX has signed a Memorandum of Understanding (MOU) with InvestaX, a leading Security Tokens Investment and trading platform licensed by the Monetary Authority of Singapore. The collaboration aims to provide secondary trading opportunities for security tokens and digital assets across both exchanges, as well as cross-marketing for primary listing opportunities. This partnership also includes participation from IX Swap, the world's first decentralized exchange for security token offerings (STO) and real-world asset tokens (RWA).
The collaboration is expected to broaden the reach for issuers across different geographical regions, allowing their tokens to be recognized and traded through multiple platforms. This strategic alliance is part of GreenX's effort to establish a Global Alliance of licensed and regulated Security Token Exchanges across various regulated regions, including South Korea, Singapore, Indonesia, Malaysia, and Europe.
GreenX, led by CEO Philip Tam, is making significant progress in establishing an Islamic Digital Asset Exchange in Indonesia. Following a Letter of Intent signing with Nahdlatul Ulama for Shariah Compliant Real World Asset (RWA) Tokenization, Tam visited key Islamic institutions in East Java. Accompanied by Sheikh Khalifa Aljarizi Alshehhi, Co-Founder of Dubai Blockchain Center, and KH Abdul Hakim Mahfudz from PWNU East Java, the team discussed blockchain technology adoption in compliance with Islamic principles.
The visit included exchanges on crypto usage in UAE and other countries, emphasizing GreenX's role as the world's first Shariah Compliant Exchange. GreenX aims to share knowledge gained from Malaysia's ISRA with Indonesian partners. The company's progress in Indonesia, the world's largest Muslim country by population, is seen as a significant milestone in the development of Shariah Compliant RWA platforms.
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