STOCK TITAN

Green-X Leads the Charge in GreenPro Capital's Social Value Economy Initiative

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Green-X, under GreenPro Capital Corp. (NASDAQ:GRNQ), is leading the Social Value Economy initiative by obtaining a Shariah Compliant ESG Digital Asset Exchange license. The consolidation with CryptoSX has expanded Green-X's offerings to include diverse tokens like advanced battery technology, Chinese ceramics, and gold deposits. The exchange is set to tokenize rare earth elements, sapphire gemstones, and more green projects. Green-X is venturing into carbon credit tokenization to tap into the growing market valued at $25.35 billion in 2022, projected to reach $145.04 billion by 2030. The exchange aims to partner with key players in the ESG and carbon credit industries to achieve carbon neutrality.
Green-X, una sussidiaria di GreenPro Capital Corp. (NASDAQ:GRNQ), sta guidando l'iniziativa dell'Economia del Valore Sociale ottenendo una licenza per la Borsa Digitale di Asset ESG conforme alla Sharia. La fusione con CryptoSX ha ampliato le offerte di Green-X per includere token diversificati come tecnologia avanzata per batterie, ceramiche cinesi e depositi d'oro. La borsa prevede di tokenizzare elementi rari come terre rare, gemme di zaffiro e altri progetti verdi. Green-X sta esplorando la tokenizzazione dei crediti di carbonio per sfruttare il mercato in crescita, valutato a $25,35 miliardi nel 2022, con proiezioni che lo vedono raggiungere i $145,04 miliardi entro il 2030. L'obiettivo della borsa è di collaborare con attori principali nelle industrie degli ESG e dei crediti di carbonio per raggiungere la neutralità carbonica.
Green-X, bajo GreenPro Capital Corp. (NASDAQ:GRNQ), está liderando la iniciativa de la Economía del Valor Social al obtener una licencia para el Intercambio Digital de Activos ESG compatible con la Sharia. La consolidación con CryptoSX ha ampliado la oferta de Green-X para incluir tokens diversos como tecnología avanzada de baterías, cerámicas chinas y yacimientos de oro. La bolsa se prepara para tokenizar elementos de tierras raras, gemas de zafiro y más proyectos verdes. Green-X está incursionando en la tokenización de créditos de carbono para acceder a un mercado en crecimiento, valorado en $25.35 mil millones en 2022, con proyecciones de alcanzar $145.04 mil millones para 2030. El intercambio tiene como objetivo asociarse con actores clave en las industrias de ESG y créditos de carbono para lograr la neutralidad de carbono.
그린엑스(Green-X), 그린프로 캐피탈 코프(GreenPro Capital Corp., 나스닥:GRNQ)의 자회사는 샤리아 준수 ESG 디지털 자산 거래소 라이선스를 획득함으로써 사회 가치 경제 이니셔티브를 선도하고 있습니다. 크립토SX와의 합병은 그린엑스의 제품군을 첨단 배터리 기술, 중국 도자기, 금광과 같은 다양한 토큰으로 확장하였습니다. 이 거래소는 희귀 지구원소, 사파이어 보석 등 더 많은 그린 프로젝트를 토큰화할 예정입니다. 그린엑스는 2022년에 253억 5천만 달러로 평가되고 2030년까지 1450억 4천만 달러에 이를 것으로 예상되는 성장하는 시장을 활용하기 위해 탄소 크레딧 토큰화에 진출하고 있습니다. 거래소는 탄소중립을 달성하기 위해 ESG 및 탄소 크레딧 산업의 주요 플레이어와 파트너십을 맺고자 합니다.
Green-X, sous l'égide de GreenPro Capital Corp. (NASDAQ:GRNQ), mène l'initiative de l'Économie à Valeur Sociale en obtenant une licence d'Échange d'Actifs Numériques ESG conforme à la Charia. Le regroupement avec CryptoSX a élargi l'offre de Green-X pour inclure divers jetons tels que la technologie avancée de batteries, la céramique chinoise et les dépôts d'or. La bourse prévoit de tokeniser des éléments terrestres rares, des pierres précieuses de saphir et d'autres projets écologiques. Green-X se lance dans la tokenisation des crédits carbone pour se positionner sur ce marché en croissance, évalué à 25,35 milliards de dollars en 2022, et projeté à atteindre 145,04 milliards de dollars d'ici 2030. La bourse vise à collaborer avec les acteurs clés des industries ESG et des crédits carbone pour atteindre la neutralité carbone.
Green-X, unter GreenPro Capital Corp. (NASDAQ:GRNQ), führt die Initiative der Gesellschaftswertökonomie an, indem es eine Sharia-konforme ESG-Digital Asset Exchange-Lizenz erworben hat. Die Zusammenführung mit CryptoSX erweiterte das Angebot von Green-X um diverse Token wie fortschrittliche Batterietechnologie, chinesische Keramik und Goldvorkommen. Die Börse plant, Seltene Erden, Saphir-Edelsteine und weitere grüne Projekte zu tokenisieren. Green-X wagt sich in die Tokenisierung von Kohlenstoffkrediten vor, um in diesen wachsenden Markt, der im Jahr 2022 mit 25,35 Milliarden US-Dollar bewertet wurde und bis 2030 voraussichtlich 145,04 Milliarden US-Dollar erreichen soll, einzusteigen. Die Börse beabsichtigt, mit Schlüsselspielern in den ESG- und Kohlenstoffkredit-Branchen zusammenzuarbeiten, um die Kohlenstoffneutralität zu erreichen.
Positive
  • None.
Negative
  • None.

KUALA LUMPUR, MALAYSIA / ACCESSWIRE / April 23, 2024 / Greenpro Capital Corp. (NASDAQ:GRNQ) CEO Dr. CK Lee has outlined plans for Green-X to be the leading Social Economy driver promoting value delivery between end-to-end users.

Obtaining its Shariah Compliant ESG Digital Asset Exchange license from Labuan Financial Service Authority ("LFSA") in 2022, Green-X are fast becoming the leading Security Token Exchange in the Digital Asset space.

Following the business consolidation with CryptoSX in March 2023, Green-X now host issuers from a diverse field covering advance battery technology patent (2UT), refined Chinese ceramics tokenization (TS1) and gold deposits backed token (DIGau).

"We have a series of pipeline of RWA for tokenization, such as rare earth elements, sapphire gemstones, IOT utility advertising that will go online in the next two months. We are also exploring numerous green projects around South East Asia including waste management and perpetual magnetic electric generation that are contributors for the betterment of mankind," said Philip Tam, Chief Exchange Officer of Green-X.

The exchange has also announced back in December 2023 that it is venturing into the field of carbon credit tokenization, part of the business expansion detailed in the initial license application back in 2022.

The global trend of decarbonization lead to a surge in demand for carbon credits which in turn lead to the valuation of carbon credit markets at US$ 25.35 billion in 2022 and these markets are expected to reach US$ 145.04 billion in valuation by 2030 at a CAGR of 24.4% between 2023 and 2030. The total value of carbon credits traded in the market to help entities achieve their net zero goals can be worth US$ 1 trillion as early as 2037, according to BloombergNEF.

"To achieve humanity's common goal of achieving carbon neutrality, Green-X intends to partner with key players in the ESG and carbon credit industries, including Voluntary Carbon Market (VCM) and Regulatory Compliance Market (RCM)," said Dr. CK Lee, GreenPro Capital CEO.

About Green-X Corp

Green-X™ is a 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/

Email: philip@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.

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 ticker symbol for GreenPro Capital Corp.?

The ticker symbol for GreenPro Capital Corp. is GRNQ.

When did Green-X obtain its Shariah Compliant ESG Digital Asset Exchange license?

Green-X obtained its Shariah Compliant ESG Digital Asset Exchange license in 2022.

What are some of the tokens hosted by Green-X following the consolidation with CryptoSX?

Following the consolidation with CryptoSX, Green-X hosts tokens like advanced battery technology, refined Chinese ceramics, and gold deposits.

What is the projected valuation of carbon credit markets by 2030?

The carbon credit markets are expected to reach a valuation of $145.04 billion by 2030.

How does Green-X plan to contribute to achieving carbon neutrality?

Green-X intends to partner with key players in the ESG and carbon credit industries to achieve carbon neutrality.

Greenpro Capital Corp.

NASDAQ:GRNQ

GRNQ Rankings

GRNQ Latest News

GRNQ Stock Data

7.80M
4.30M
43.22%
1.16%
0.33%
Consulting Services
Services-management Consulting Services
Link
United States of America
59200 KUALA LUMPUR