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.
Greenpro Capital Corp. (NASDAQ:GRNQ) has reaffirmed its commitment to a social value corporate strategy aligned with the Value-based Intermediation (VBI) principles in Malaysia. This initiative aims to foster economic development and provide technology solutions within Islamic Finance, contributing to a total VBI-related financing of US$ 17.5 billion serving over 375,000 accounts from 2020-2021. The company anticipates growth in the digital asset market, particularly through its Shariah Compliant ESG Digital Asset Exchange, Green-X, in partnership with Labuan IBFC.
Greenpro Capital Corp. (NASDAQ:GRNQ) launched the world's first Shariah-Compliant ESG Digital Asset Exchange, Green-X, authorized by Malaysia's Labuan Financial Services Authority. The exchange aims to attract at least 10 token issuers by year-end, tapping into the growing asset tokenization market projected to reach US$16.1 trillion by 2030. Greenpro's CEO expressed confidence in positioning Green-X as a leading Security Token Offering (STO) platform, aligning with trends in ESG and Halal economies.
Greenpro Capital Corp. (NASDAQ:GRNQ) successfully conducted its unicorn incubation program, SEA Unicorn 2022, in Malaysia from March to July 2022, involving 124 emerging companies. Ten finalists are set to go public in the US Capital Market. Notably, AsiaFIN Holdings Corp., a finalist, began trading on the US OTC Market on August 11, 2022, with a market capitalization of approximately USD88 million. Additionally, Greenpro sponsors the ongoing SEA Dragon 2022 program for tech companies, culminating in a finale at the World Congress of Innovation and Technology Forum 2022 in September.
Greenpro Capital Corp. (NASDAQ:GRNQ) has received a license from the Malaysian Government to operate a Digital Assets Exchange in Labuan, Malaysia. This venture, in collaboration with First Bullion Holdings Inc. and its CryptoSx platform, aims to launch the world’s first Shariah-compliant exchange. It will target previously inaccessible assets for public investment and facilitate trading of tokens, stable coins, and digitized assets, adhering to ESG principles. Greenpro anticipates that this initiative will unlock new investment opportunities in the ASEAN region.
Greenpro Capital Corp. (NASDAQ:GRNQ) announced a significant collaboration through its incubated company, Angkasa-X, which signed MoUs with nine major electrical and electronics companies in Penang. This partnership aims to enhance the SpaceTech industry by reducing production costs and developing high-end technology infrastructure. Angkasa-X plans to establish the ASEAN Space Economy and is set to become a SpaceTech Unicorn, aligning with the Malaysian government's National Space Policy 2030 that could contribute USD760 million to the GDP. Greenpro holds 28 million shares in Angkasa-X and plans an IPO for the company.
Greenpro Capital Corp. (NASDAQ:GRNQ) has been appointed as a strategic partner by the SME Association of Malaysia to provide business securitization and capital funding services to over 10,000 members. The partnership aims to enhance corporate growth, new finance adoption, entrepreneur securitization, and funding strategies, contributing to Malaysia’s National Recovery Plan. Greenpro’s CEO emphasized the company's commitment to leveraging its expertise in new finance methodologies to support Malaysian SMEs.
FAQ
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