GreenX Approves Listing of KS Digital STO, Pioneering Blockchain Security with Precious Gemstone Resilience
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.
GreenX, una piattaforma leader nel settore degli scambi di asset digitali ESG conforme alla Shariah, ha approvato l'inserimento del Token KSGEMS di KS Digital sulla propria piattaforma. Il token è supportato al 100% da gemme preziose di qualità da investimento. Il portafoglio di KS Digital include 28 gemme di alta qualità per un totale di 498.04 carati, valutate circa US$24.37 milioni. L'azienda sta offrendo uno sconto del 21.28% per gli investitori in STO, portando il valore netto a US$19.18 milioni.
Le gemme sono certificate da laboratori rinomati, garantendo autenticità e qualità. KS Digital emetterà 19.185.000 Token di Sicurezza, ciascuno al prezzo di US$1.00. I detentori di token beneficeranno di un potenziale apprezzamento delle gemme e di distribuzioni regolari di dividendi/bonus. Aste private si svolgeranno semestralmente, soggette alle condizioni di mercato, con i proventi netti distribuiti ai detentori di token.
GreenX, un intercambio digital de activos ESG líder y conforme a la Shariah, ha aprobado la cotización del Token KSGEMS de KS Digital en su plataforma. El token está respaldado al 100% por gemas preciosas de calidad de inversión. El portafolio de KS Digital incluye 28 gemas de alta calidad que suman 498.04 quilates, valoradas en aproximadamente US$24.37 millones. La compañía está ofreciendo un descuento del 21.28% para los inversores en STO, llevando el valor neto a US$19.18 millones.
Las gemas están multicertificadas por laboratorios de renombre, garantizando autenticidad y calidad. KS Digital emitirá 19,185,000 Tokens de Valores, cada uno con un precio de US$1.00. Los poseedores de tokens se beneficiarán de la posible apreciación de las gemas y de distribuciones regulares de dividendos/bonos. Se llevarán a cabo subastas privadas semestralmente, sujetas a las condiciones del mercado, con los ingresos netos distribuidos a los poseedores de tokens.
GreenX는 샤리아(이슬람 법)에 부합하는 ESG 디지털 자산 거래소의 선두주자로서 KS Digital의 KSGEMS 토큰 상장을 승인하였습니다. 이 토큰은 100% 투자 등급의 귀금속 보석으로 지원됩니다. KS Digital의 포트폴리오에는 총 498.04캐럿의 고품질 보석 28종이 포함되어 있으며, 가치는 약 US$24.37백만으로 평가됩니다. 이 회사는 STO 투자자를 위한 21.28% 할인을 제공하여 순 가치를 US$19.18 백만으로 낮추고 있습니다.
이 보석들은 저명한 실험실에서 다중 인증을 받아 진품성과 품질을 보장합니다. KS Digital은 19,185,000개의 증권 토큰을 발행할 예정이며, 각 토큰은 US$1.00로 가격이 책정됩니다. 토큰 소유자는 보석 가치 상승과 정기적인 배당/보너스 분배의 혜택을 누릴 수 있습니다. 사적 경매는 시장 상황에 따라 반기별로 개최될 예정이며, 순익은 토큰 소유자에게 배분됩니다.
GreenX, une bourse numérique d'actifs ESG conforme à la Charia, a approuvé l'inscription du Token KSGEMS de KS Digital sur sa plateforme. Le token est entièrement soutenu par des gemmes précieuses de qualité d'investissement. Le portefeuille de KS Digital comprend 28 gemmes de haute qualité totalisant 498,04 carats, évaluées à environ 24,37 millions de dollars. L'entreprise propose un rabais de 21,28 % pour les investisseurs en STO, portant la valeur nette à 19,18 millions de dollars.
Les gemmes sont multicertifiées par des laboratoires renommés, garantissant authenticité et qualité. KS Digital émettra 19 185 000 Tokens de Valeurs, chacun au prix de 1,00 dollar. Les détenteurs de tokens bénéficieront d'une appréciation potentielle des gemmes ainsi que de distributions régulières de dividendes/bonus. Des enchères privées seront organisées semestriellement, sous réserve des conditions du marché, avec les bénéfices nets répartis entre les détenteurs de tokens.
GreenX, eine führende Shariah-konforme ESG-Digital-Asset-Börse, hat die Notierung des KSGEMS-Tokens von KS Digital genehmigt auf ihrer Plattform. Der Token ist zu 100% durch Investitionsqualität Edelsteine gedeckt. Das Portfolio von KS Digital umfasst 28 hochwertige Edelsteine mit einem Gesamtgewicht von 498.04 Karat, die auf etwa US$24.37 Millionen geschätzt werden. Das Unternehmen bietet einen Rabatt von 21.28% für STO-Investoren an, wodurch der Nettowert auf US$19.18 Millionen sinkt.
Die Edelsteine sind mehrfach zertifiziert von renommierten Laboren, um Authentizität und Qualität zu gewährleisten. KS Digital wird 19.185.000 Wertpapier-Tokens ausgeben, die jeweils US$1.00 kosten. Tokeninhaber profitieren von potenziellen Wertsteigerungen der Edelsteine sowie regelmäßigen Dividenden-/Bonuszahlungen. Private Auktionen werden halbjährlich unter Marktkonditionen durchgeführt, wobei die Nettoprovisionen an die Tokeninhaber verteilt werden.
- Approval of KSGEMS Token listing on GreenX, backed by valuable gemstones
- Portfolio of 28 high-quality gemstones valued at US$24.37 million
- 21.28% discount offered to STO investors, reducing net value to US$19.18 million
- Multi-certification of gemstones from renowned laboratories
- Potential for token appreciation and regular dividend/bonus distributions
- Planned half-yearly private auctions for gemstone sales
- None.
Insights
The listing of KS Digital's "KSGEMS" Token on GreenX represents an innovative approach to tokenizing tangible assets, specifically high-value gemstones. This move could potentially attract investors looking for alternative, blockchain-based investment opportunities. However, the impact on Greenpro Capital Corp. (GRNQ) is likely to be in the short term.
Key points to consider:
- The total valuation of KS Digital's gemstone portfolio is
$24.37 million , with a discounted offering of$19.18 million for STO investors. - The 21.28% discount offered to STO investors may attract initial interest but could also raise questions about the true market value of the assets.
- Regular dividend/bonus distributions from potential gemstone auctions could provide an income stream for token holders, but this is dependent on market conditions and successful sales.
While this listing demonstrates GRNQ's ability to attract innovative projects to its GreenX platform, the direct financial impact on GRNQ's bottom line may be minimal unless significant trading volumes and fees are generated. Investors should monitor the success of this listing and any subsequent similar offerings to gauge the potential growth of GRNQ's digital asset exchange business.
KUALA LUMPUR, MALAYSIA / ACCESSWIRE / September 26, 2024 / Greenpro Capital Corp. (NASDAQ:GRNQ) Leading Shariah Compliant ESG Digital Asset Exchange GreenX has approved the listing of KS Digital, a pioneering company in the field of sapphire gemstones. This milestone will see the "KSGEMS" Token,
According to report by GEMFocus, the scale of the change in value of colored gemstones that occurred in 2020-2021 compared to 10 years ago is unprecedented, especially for high-value rubies, sapphires and emeralds. Gemfields reported the latest auction delivered an all-time high of US
Director of KS Digital, Dato' Ch'ng stated, "Sapphire gemstones are one of the world's oldest tangible assets and we are proud to turn this asset class into a modern investment instrument by utilizing blockchain technology, ensuring efficient, transparent and reliable form of portfolio diversification."
KS Digital's portfolio includes 28 high quality gemstones of sapphires, rubies, alexandrites and emeralds totalling 498.04 carats, with valuation estimated at US
Dato' Ch'ng further added, "We take security, compliance and authentication seriously in this line of business. We ensured that all the gemstones are securely managed and safeguarded, so investors will have a peace of mind on their investments."
Each gemstone are multi-certified from renowned gemological laboratories, including Gem Research Swisslab (GRS), Global Gemological, and Lotus Gemology. Each gemstone is meticulously analyzed and certified, ensuring authenticity, quality, and beauty. These certifications provide comprehensive reports that serve as identity cards for the gemstones, adding an additional layer of assurance for all Tokenholders.
GreenX CEO, Philip Tam said, "We welcome KSGEMS to our list of tokens in the series of fine arts and collectibles, which is increasingly becoming an alternative asset class for store of value. We have a series of STO in the similar asset class in pipeline that we can't wait to get it listed before the year end."
The Company will issue 19,185,000 Securities Tokens, with each token being priced at US
Tokio Marine is the gemstone insurance coverage provider while Masryef Advisory act as the Shariah Advisor for this listing.
About KS Digital
KS Digital is a Singapore entity formed exclusively to create KSGEMS, serves as the Issuer. Our mission is to seamlessly integrate the enduring value of precious gemstones with cutting-edge blockchain technology, providing unmatched security and transparency for our clients, ensuring that each investment is as solid and timeless as the gems themselves.
KS Digital is part of Christie & Carine Group, Malaysia's first Sapphire expert gemstone shop. The gemstone comes from mines from all over the world, but mainly from mines in Sri Lanka. The company focus on mining and sourcing unique, natural world class gemstones.
For further information please visit https://www.ksgems.io/ and https://www.christiecarine.com/
About Green-X Corp
Green-X™ is a wholly-owned subsidiary of Greenpro Capital Corp (NASDAQ:GRNQ) and operate one of the world's leading Shariah-Compliant ESG Digital Asset Exchange licensed under Labuan Financial Services Authority (LFSA), Malaysia. The Green-X exchange can be found at https://www.green-x.io/
About Greenpro Capital Corp
Headquartered in Kuala Lumpur and a Nevada corporation, Greenpro Capital Corp. (NASDAQ:GRNQ), is a business incubator with strategic offices across Asia. With a diversified business portfolio comprising of finance, technology, banking, and Green-X for STOs, health and wellness as well as 30 years of experience in various industries, Greenpro has been assisting and supporting businesses and High-Net-Worth-Individuals to capitalize and securitize their value on a global scale. This is done through the provision of cross-border business solutions, spinoffs on major stock exchanges and accounting outsourcing services to small and medium-size businesses located in Asia. The comprehensive range of cross-border business services include, but are not limited to, trust and wealth management, listing advisory services, transaction services, cross-border business solutions, record management services, accounting outsourcing services and tax advisory services. Greenpro also operates venture capital businesses, including business development for start-ups and high growth companies.
For further information regarding the company, please visit http://www.greenprocapital.com.
The Green-X exchange can be found at https://www.green-x.io/
Forward-Looking Statements
This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and business strategy. The words or phrases "plans," "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "think," "considers" or similar expressions are intended to identify "forward-looking statements." These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of local, regional, and global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
GRNQ has 7,575,813 shares issued and outstanding with a float of 4,089,641 shares
Gilbert Loke, CFO, Director
Greenpro Capital Corp.
Email: ir.hk@greenprocapital.com
Phone: +852-3111 7718
Contact Dennis Burns. Investor Relations.
Tel (567) 237-4132
dburns@nvestrain.com
Phone: +603-2201 3192
mycorp@greenprocapital.com
SOURCE: Greenpro Capital Corp.
View the original press release on accesswire.com
FAQ
What is the KSGEMS Token and how is it backed?
How many KSGEMS Tokens will be issued and at what price?
What benefits do KSGEMS Tokenholders receive?
How is the security and authenticity of the gemstones ensured for GRNQ investors?
What is the total value of KS Digital's gemstone portfolio backing the KSGEMS Token?
