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.
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.
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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.
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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.
Greenpro Capital Corp. (NASDAQ:GRNQ) has successfully listed the DIGau Security Token on its CryptoSX Digital Asset Exchange. This achievement positions CryptoSX as a leading platform for Security Token Offerings (STOs). CEO Dr. Lee emphasized the importance of this listing, suggesting it opens opportunities in the Shariah Compliant ESG digital asset sector, tapping into a vast market. CryptoSX, compliant with Philippine regulations, is noted for its rapid growth and diverse investment community, offering significant potential for users seeking secure and innovative investment options.
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Greenpro Capital Corp. (NASDAQ:GRNQ) has signed an Engagement Agreement with the International Shariah Research Academy (ISRA) to establish a Digital Asset Exchange and NFT marketplace compliant with Islamic finance in the ASEAN region. This initiative follows a Public-Private Partnership Agreement with IHTHS Corporation aimed at creating a Shariah Compliant Digital Finance & Economic Zone. The global Islamic finance industry is projected to grow by 10%-12% in 2021-2022, indicating promising prospects for Greenpro's strategic move.