Welcome to our dedicated page for Greenpro Cap news (Ticker: GRNQ), a resource for investors and traders seeking the latest updates and insights on Greenpro Cap stock.
Greenpro Capital Corp. provides cross-border business solutions, listing advisory, record management, accounting outsourcing, tax advisory, trust and wealth management services to small and medium-sized businesses in Asia. Its recurring news also covers venture capital activity and the company's digital finance strategy through GreenX, a wholly owned Shariah-compliant ESG digital asset exchange licensed by the Labuan Financial Services Authority in Malaysia.
Company updates commonly address GreenX ecosystem launches, RWA tokenization and ESG finance initiatives, AI-enabled platform expansion through the completed Forekast stake acquisition, private capital actions, Nasdaq listing compliance and regional business development activity across Southeast Asia and East Asia.
GreenX, a Shariah Compliant ESG Digital Asset Exchange, is expanding its blockchain presence in Indonesia through strategic initiatives. The company conducted a training program in Surabaya from October 8-10, 2024, in collaboration with various institutions including Dubai Blockchain Center. A strategic agreement was signed on October 17, 2024, with Pondok Pesantren Darul Fiqih to promote blockchain technology through Islamic boarding schools. GreenX plans to implement the BIMP-EAGA Digital Wallet in Indonesia, enabling participants to engage with Shariah-Compliant Digital Assets (RAMZ), with plans to airdrop listed RAMZ to selected BIMP communities.
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.
Greenpro Capital (GRNQ) and private equity firm Crewstone International have signed a strategic collaboration MOU to formalize comprehensive cooperation. The agreement aims to facilitate deal referrals, introduce new investors, secure capital commitments, explore joint ventures, and broker asset transactions. The partnership will focus on sectors including supply chain, clean energy, logistics, and digital assets.
Crewstone's CIO, Wong Keng Fai, highlighted the MOU's potential to leverage industry insights and investor networks, while tapping into Greenpro's expertise in capital markets, M&A, pre-IPO strategies, and Nasdaq listings. Greenpro's CEO, Dr. CK Lee, emphasized the company's position as a public-listed entity to raise capital, execute M&A transactions, and offer exit strategies for scaling businesses.
GreenX, the World's First Shariah Compliant Digital Asset Exchange, has announced its expansion into the Middle East market through a partnership with Sharia Digital Technologies FZ - Dubai. This collaboration will involve technology transfer, Shariah expertise, Security Token Offering (STO) listing structure, and technical support to develop the Middle East market. Dubai will serve as GreenX's regional headquarters.
Philip Tam, Chief Exchange Officer of GreenX, expressed excitement about adding Dubai to their Global STO Alliance, citing the city's status as a blockchain hub. Dr. CK Lee, CEO of Greenpro Capital Corp, emphasized their mission to bring the internationally recognized Shariah framework to global markets under the LabuanFSA's Islamic Digital Asset Centre (IDAC) initiative.
GreenX, the World's First Shariah Compliant Digital Asset Exchange, is set to sign a Memorandum of Understanding (MOU) with Sharia Digital Technologies FZ - Dubai and PT Digital Syariah Teknologi (DST) Surabaya on August 27, 2024. The signing will take place at Area 2071 of the Dubai Future Foundation Auditorium. This partnership aims to expand GreenX's global platform and bring Shariah-compliant digital assets to Islamic communities worldwide.
The event will also feature the announcement of GreenX platform token (GXT) pre-sales, available exclusively on the GreenX website. The ceremony will be attended by notable figures, including religious leaders, ambassadors, and officials from the UAE Ministry of Economy.
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, led by CEO Philip Tam, is making significant progress in establishing an Islamic Digital Asset Exchange in Indonesia. Following a Letter of Intent signing with Nahdlatul Ulama for Shariah Compliant Real World Asset (RWA) Tokenization, Tam visited key Islamic institutions in East Java. Accompanied by Sheikh Khalifa Aljarizi Alshehhi, Co-Founder of Dubai Blockchain Center, and KH Abdul Hakim Mahfudz from PWNU East Java, the team discussed blockchain technology adoption in compliance with Islamic principles.
The visit included exchanges on crypto usage in UAE and other countries, emphasizing GreenX's role as the world's first Shariah Compliant Exchange. GreenX aims to share knowledge gained from Malaysia's ISRA with Indonesian partners. The company's progress in Indonesia, the world's largest Muslim country by population, is seen as a significant milestone in the development of Shariah Compliant RWA platforms.
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.