Greenpro Cap Corp Stock Price, News & Analysis

GreenX, a Shariah Compliant ESG Digital Asset Exchange owned by Greenpro Capital Corp. (NASDAQ:GRNQ), announces the integration of the $ST stablecoin on its platform by April 2025. The stablecoin, issued by PIH , represents a significant partnership between two regulated entities.

$ST is a tokenized security backed by a USD Reserve Portfolio under the Secured Security Token Program, managed by Potomac Capital , a licensed Hong Kong Securities & Futures Commission The stablecoin maintains a 1:1 ratio through a blockchain-based, audited framework that ensures reliable redemption capabilities.

Greenpro Capital Corp. (NASDAQ:GRNQ) has strengthened its advisory team for the proposed Thailand Entertainment Complex project by adding General Dr. Uthai Shinawatra, former Deputy Permanent Secretary of Defense and Advisor to the Minister of Interior Thailand. This development follows the company's December 5, 2024 announcement of leading a US$6 billion mega entertainment complex project featuring horse-racing tracks, 6-star hotels, and golf courses.

As part of the social initiative, General Dr. Uthai will endorse free online financial courses aimed at teaching youth about investment portfolio management and financial literacy. Capital Trust Group (CTG) will issue up to 300 million certificates with General Dr. Uthai's digital signature to qualified participants. CEO Dr. CK Lee emphasized the project's alignment with Thailand's Sustainable Development Goals (SDG) Roadmap.

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.