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.
Green-X Corp, a subsidiary of Greenpro Capital Corp (GRNQ), has secured over $100 million in digital assets, including Security Tokens and Stablecoins. This acquisition enhances GreenX's value as a regulated centralized exchange. Additionally, Greenpro Capital Corp, GreenX, and Bank Islam Trust Company (Labuan) have formed a strategic alliance to offer products and services using the Labuan International Business and Financial Centre as the main jurisdiction. The partnership aims to promote Labuan as the hub for the Islamic Digital Asset Centre, targeting high-net-worth clients. This collaboration is expected to help penetrate Muslim and Middle East communities, catering to the growing demand for digital asset investments in these regions.
GreenX has successfully completed the first-round token pre-sale for WENEW Labs on May 21, 2024. The pre-sale, which was fully subscribed within an hour, aims to fund the launch of VPass, Asia's first Smart Ticket issuance and trading platform. VPass uses blockchain technology to tokenize and trade tickets for large-scale events, providing a secure and transparent system. GreenX, with digital assets worth over $100 million, will list WENEW's RWA token. A second round of pre-sale is planned for August 2024.
GreenX and Nahdlatul Ulama (PWNU) have signed a Letter of Intent (LOI) to develop Shariah-compliant Real World Asset (RWA) tokenization. This collaboration aims to create a new digital asset class that adheres to Islamic financial principles for the Indonesian market. The signing ceremony, held on June 6, 2024, included key representatives from both entities and highlighted three significant RWA listings: Dignity Gold, Brighsun , and Tai Shan Digital. GreenX plans to leverage Indonesia's vast natural resources and large Islamic community to build a robust digital ecosystem. GreenX's leadership expressed optimism about meeting the growing demand for Shariah-compliant digital financial products.
GreenX successfully organized the world's first RWA tokenization exhibition in Seoul, South Korea on June 13, 2024.
The event marked a milestone in digital finance, attended by hundreds of esteemed guests, including international representatives from CREDER, SHINWA AUCTION, and TAI SHAN.
Attendees had the opportunity to explore real-world assets linked to RWA tokens.
GreenX announced the launch of its native platform token, GX Token, which offers trading discounts, staking and farming participation, exclusive access to new features, and events.
The GX Token aims to promote RWA adoption and support innovative projects through the GreenX ecosystem fund.
Philip Tam, Chief Exchange Officer, reaffirmed GreenX's commitment to providing high-quality tokenized assets while adhering to Shariah-compliant standards.
GreenX, a leading Shariah-compliant ESG digital asset exchange and a subsidiary of Greenpro Capital (NASDAQ: GRNQ), is set to launch Green Token, a security token aimed at supporting and financing green technology ESG companies. Announced during the Global Forum on Islamic Economics and Finance (GFIEF) in Kuala Lumpur on May 28-29, 2024, the initiative aligns with GFIEF's theme of 'Shaping a Resilient Global Islamic Economy Through Values-Based Reforms.' Green Token is expected to foster a green community and contribute to the tokenization of carbon credits, driving shared prosperity through innovative and technological advancements.
Greenpro Capital Corp. (NASDAQ: GRNQ) announced that its subsidiary, GreenX, visited Cambodia to initiate collaborations in Environmental, Social, and Governance (ESG) and climate change policies. The trip, invited by H.E. Preap Kol, Minister attached to the Cambodian Prime Minister, resulted in GreenX signing MoUs with KS Green, focusing on developing a Security Token Offering (STO) and Real World Assets (RWA) Project. Key areas of collaboration include project financing, educational programs, resource sharing, and industry standards. GreenX identified a 30,000-hectare pilot site for carbon credit tokenization and aims to explore partnerships with the Digital University of Cambodia to foster talents in fintech and digitalization.
GreenX, a Shariah-Compliant ESG Digital Asset Exchange licensed by Labuan FSA, plans to launch 10-15 Security Token Offerings in 2024. The next offering will be a gemstones collection worth around US$20 million. Additionally, GreenX aims to introduce three green sustainable technology projects from Indonesia to produce carbon credits. The company's focus on ESG principles aligns with Muslim values and expands its potential investor base to around 1.9 billion Muslims worldwide. Green-X's tokenization process involves creating equity-based structures on a blockchain to give investors shareholder rights.
GreenX, the first Shariah-Compliant ESG Digital Asset Exchange, visited PWNU in Indonesia to seek advice and guidance on entering the Indonesian market. The meeting showcased Real World Asset projects adhering to Shariah principles, highlighting the difference between GreenX Security Tokens and generic cryptocurrency. GreenX aims to collaborate with ISRA and PWNU to make security tokens a viable investment tool within the global Shariah community.
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