GreenX Sign MOU with Singapore's InvestaX for Strategic Collaboration
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 ha firmato un Memorandum d'Intesa (MOU) con InvestaX, una piattaforma leader per l'investimento e il trading di token di sicurezza, autorizzata dall'Autorità Monetaria di Singapore. La collaborazione mira a fornire opportunità di trading secondario per token di sicurezza e asset digitali su entrambe le borse, oltre a un marketing incrociato per opportunità di quotazione primaria. Questa partnership include anche la partecipazione di IX Swap, il primo scambio decentralizzato al mondo per offerte di token di sicurezza (STO) e token di asset reali (RWA).
Si prevede che la collaborazione amplifichi la portata per gli emittenti attraverso diverse regioni geografiche, consentendo ai loro token di essere riconosciuti e scambiati attraverso più piattaforme. Questa alleanza strategica fa parte degli sforzi di GreenX per stabilire un
GreenX ha firmado un Memorando de Entendimiento (MOU) con InvestaX, una plataforma líder en inversión y trading de tokens de seguridad, licenciada por la Autoridad Monetaria de Singapur. La colaboración tiene como objetivo proporcionar oportunidades de trading secundario para tokens de seguridad y activos digitales en ambas bolsas, así como marketing cruzado para oportunidades de listado primario. Esta asociación también incluye la participación de IX Swap, el primer intercambio descentralizado del mundo para ofertas de tokens de seguridad (STO) y tokens de activos del mundo real (RWA).
Se espera que la colaboración amplíe el alcance para los emisores en diferentes regiones geográficas, permitiendo que sus tokens sean reconocidos y negociados a través de múltiples plataformas. Esta alianza estratégica es parte del esfuerzo de GreenX por establecer una alianza global de intercambios de tokens de seguridad autorizados y regulados en varias regiones reguladas, incluyendo Corea del Sur, Singapur, Indonesia, Malasia y Europa.
GreenX는 싱가포르 통화청(Monetary Authority of Singapore)에서 라이선스를 받은 보안 토큰 투자 및 거래 플랫폼인 InvestaX와 양해 각서(MOU)를 체결했습니다. 이번 협력의 목표는 양쪽 거래소에서 보안 토큰과 디지털 자산을 위한 이차 거래 기회를 제공하고, 일차 상장 기회를 위한 교차 마케팅을 실시하는 것입니다. 이 파트너십에는 세계 최초의 보안 토큰 공모(STO) 및 실물 자산 토큰(RWA)을 위한 탈중앙화 거래소인 IX Swap도 참여합니다.
이번 협업은 다양한 지리적 지역에서 발행자의 범위를 넓힐 것으로 기대되며, 그들의 토큰이 여러 플랫폼을 통해 인식되고 거래될 수 있도록 합니다. 이번 전략적 제휴는 GreenX가 한국, 싱가포르, 인도네시아, 말레이시아 및 유럽 등 여러 규제된 지역에 걸쳐 인가받고 규제된 보안 토큰 거래소의 글로벌 얼라이언스를 구축하기 위한 노력의 일환입니다.
GreenX a signé un protocole d'accord (MOU) avec InvestaX, une plateforme leader dans l'investissement et le trading de tokens de sécurité, licenciée par l'Autorité monétaire de Singapour. Cette collaboration vise à fournir des opportunités de trading secondaire pour les tokens de sécurité et les actifs numériques sur les deux bourses, ainsi qu'à réaliser un marketing croisé pour les opportunités de cotation primaire. Ce partenariat inclut également la participation de IX Swap, la première bourse décentralisée au monde pour les offres de tokens de sécurité (STO) et les tokens d'actifs du monde réel (RWA).
Cette collaboration devrait élargir la portée pour les émetteurs à travers différentes régions géographiques, permettant à leurs tokens d'être reconnus et échangés sur plusieurs plateformes. Cette alliance stratégique fait partie des efforts de GreenX pour établir une alliance mondiale d'échanges de tokens de sécurité agréés et réglementés dans plusieurs régions régulées, y compris la Corée du Sud, Singapour, l'Indonésie, la Malaisie et l'Europe.
GreenX hat ein Memorandum of Understanding (MOU) mit InvestaX, einer führenden Plattform für die Investition und den Handel mit Sicherheitstoken, unterzeichnet, die von der Monetary Authority of Singapore lizenziert ist. Die Zusammenarbeit zielt darauf ab, sekundäre Handelsmöglichkeiten für Sicherheitstoken und digitale Vermögenswerte über beide Börsen bereitzustellen sowie Cross-Marketing für primäre Listungsmöglichkeiten zu betreiben. Diese Partnerschaft umfasst auch die Teilnahme von IX Swap, der weltweit ersten dezentralen Börse für Sicherheitstoken-Angebote (STO) und reale Vermögenswerte-Token (RWA).
Es wird erwartet, dass die Zusammenarbeit die Reichweite für Emittenten in verschiedenen geografischen Regionen erweitert, sodass ihre Token über mehrere Plattformen erkannt und gehandelt werden können. Diese strategische Allianz ist Teil von GreenXs Bemühungen, eine globale Allianz lizenzierter und regulierter Sicherheitstoken-Börsen in verschiedenen regulierten Regionen, einschließlich Südkorea, Singapur, Indonesien, Malaysia und Europa, aufzubauen.
- Strategic partnership with InvestaX, a licensed Singapore-based security token platform
- Expansion of secondary trading opportunities for security tokens and digital assets
- Collaboration with IX Swap to bridge CeFi and DeFi in the STO industry
- Potential for increased geographical reach and user base for token issuers
- None.
Insights
The MOU between GreenX and InvestaX marks a significant step in the digital asset trading landscape. This collaboration could potentially expand market reach and increase liquidity for security tokens and real-world asset tokens. However, it's important to note that MOUs are non-binding agreements and the actual impact will depend on the execution of the partnership.
From an investor's perspective, this could mean increased trading opportunities and potentially better price discovery for digital assets. The involvement of IX Swap adds an interesting DeFi element, which might attract more tech-savvy investors. While promising, investors should remain cautious as regulatory challenges in the crypto space could affect the implementation of this collaboration.
This partnership signals a growing trend of consolidation and collaboration in the digital asset space, particularly in Southeast Asia. By combining GreenX's platform with InvestaX's licenses and IX Swap's DeFi capabilities, we're seeing a convergence of CeFi and DeFi that could reshape the market.
The focus on secondary trading opportunities and cross-marketing for primary listings suggests a strategy to increase market depth and liquidity. This could potentially lead to more stable and efficient pricing for security tokens and real-world asset tokens. However, the success of this initiative will largely depend on regulatory alignment across different jurisdictions and the actual adoption by issuers and investors.
The collaboration between GreenX, InvestaX and IX Swap raises interesting regulatory considerations. InvestaX's multiple licenses from the Monetary Authority of Singapore provide a strong regulatory foundation for the partnership. However, the cross-border nature of the collaboration may present challenges in navigating different regulatory frameworks.
Investors should be aware that while this MOU signals intent, the actual implementation may face regulatory hurdles, especially when it comes to cross-border trading of security tokens. The involvement of DeFi elements through IX Swap adds another layer of regulatory complexity. As the security token market evolves, we can expect increased scrutiny from regulators, which could impact the scope and speed of such collaborations.
KUALA LUMPUR, MALAYSIA / ACCESSWIRE / August 15, 2024 / GreenX is proud to announce the signing of Memorandum of Understanding ("MOU") with InvestaX, a leading Security Tokens Investment and trading platform licensed by Monetary Authority of Singapore. InvestaX holds the Capital Markets Services License ("CMS") to deal in securities and collective investment schemes; Recognized Market Operator License ("RMO") to operate an organised market for securities; and Exempt Financial Advisor to provide advice on units in collective investment schemes.
The collaboration will focus on providing secondary trading opportunities for security tokens or other digital assets across both Exchange, as well as cross marketing for primary listing opportunities. Issuers across different geographical region can now look forward to having their tokens recognized and traded through different platforms and multiple segments of users.
A pivotal element of this collaboration also includes participation from IX Swap, the world's first decentralized exchange for security token offerings ("STO") and real-world asset tokens ("RWA"). IX Swap offers crucial liquidity pools and automated market making services, effectively bridging the gap between centralized finance ("CeFi") and decentralized finance ("DeFi"). This integration is a vital infrastructure development for both the STO industry and brings leading Global STO infrastructure companies together.
"The collaboration with Singapore's InvestaX and IX Swap is highly complementary in providing our respective clients a broader and deeper RWA listing and trading platform that covers both professional/accredited and retail investors in terms of geographical reach and community building," said Philip Tam, CEO of GreenX. "We stride to establish a Global Alliance of licensed and regulated Security Token Exchanges - South Korea, Singapore, Indonesia, Malaysia, Europe and many more regulated regions. We can share our experience and facilitate the listing in the most favourable exchange for both issuers and users."
About InvestaX
Founded in 2015, InvestaX is the leading licensed tokenization software-as-a-service (SaaS) platform in Asia, licensed by the Monetary Authority of Singapore with a Capital Markets Service License (CMSL) and Recognized Market Operator (RMO) License for dealing in and trading Real World Asset Tokens (RWA) and Security Token Offerings (STO) for global offerings and investors. InvestaX's sister platform, IX Swap offers the world's first automated market maker (AMM) for security tokens and real world asset tokens. Both InvestaX and IX Swap are early pioneers in the use of blockchain technologies to develop leading infrastructure connecting traditional finance (TradFi) and decentralized finance (DeFi) legally and compliantly.
More information can be found at https://www.investax.io/
About IX Swap
IX Swap is the first decentralized exchange for security tokens and tokenized stocks providing liquidity pools and automated market makers for these assets. It is the last infrastructure piece needed to bring life to the security token and tokenized stock industry as a solution for exchanges globally, bridging the gap between CeFi and DeFi.
More information can be found at https://www.ixswap.io/
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.
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 purpose of the MOU between GreenX and InvestaX?
How does IX Swap contribute to the collaboration between GreenX and InvestaX?
What is GreenX's vision for the Global Alliance of Security Token Exchanges?
What licenses does InvestaX hold from the Monetary Authority of Singapore?
