Company Description
Greenpro Capital Corp. (NASDAQ: GRNQ) is a Nevada corporation headquartered in Kuala Lumpur, Malaysia. According to its public disclosures, the company describes itself as a business incubator with strategic offices across Asia. It maintains a diversified business portfolio that spans finance, technology, banking, Green-X for security token offerings (STOs), and health and wellness, and it focuses on helping businesses and high-net-worth individuals capitalize and securitize their value on a global scale.
Greenpro Capital states that it assists small and medium-sized businesses located in Asia through cross-border business solutions, spinoffs on major stock exchanges, and accounting outsourcing services. Its disclosures and prior descriptions also indicate activity in data processing, hosting, and related services. The company notes that it has experience across multiple industries and that it supports clients seeking to structure, grow, and list their businesses in different capital markets.
Business Model and Core Services
Based on its press releases, Greenpro Capital generates business by providing a range of corporate advisory and business solution services to enterprises and high-net-worth individuals in Asia. These services include:
- Cross-border business solutions for companies operating or expanding across jurisdictions in Asia.
- Trust and wealth management services for asset protection and structuring.
- Listing advisory services and transaction services related to spinoffs on major stock exchanges.
- Record management services and accounting outsourcing services for ongoing operational support.
- Tax advisory services connected to its cross-border and wealth management offerings.
The company also reports that it operates venture capital businesses, including business development for start-ups and high growth companies. Through these activities, Greenpro Capital positions itself as an incubator that can help early-stage and expanding companies structure their operations, prepare for fundraising, and pursue listings.
Digital Finance and Green-X Ecosystem
A notable part of Greenpro Capital’s portfolio is Green-X Corp, which the company identifies as a wholly-owned subsidiary. Green-X operates what Greenpro describes as a Shariah-compliant ESG digital asset exchange licensed under the Labuan Financial Services Authority (LFSA) in Malaysia. The exchange focuses on digital assets and security token offerings (STOs), with an emphasis on environmental, social, and governance (ESG) themes and Shariah compliance.
Greenpro’s news releases describe Green-X as a platform for real-world asset (RWA) tokenization, including projects such as:
- Tokenized RWA projects listed on GreenX, such as Green Token (XGT), which is described as an ESG-oriented token focused on nurturing and funding green-technology ESG companies.
- Listings like KSGEMS, a security token backed by investment-grade precious gemstones, which Green-X presents as part of an alternative asset class for store of value.
- Onboarding of tokenized instruments such as the $ST stablecoin, characterized as a tokenized security backed by a USD reserve portfolio under a Secured Security Token Program.
In a later announcement, Greenpro highlighted the launch of the GreenX Ecosystem, which it describes as integrating several pillars of digital finance, including:
- GreenX Exchange – a Shariah-compliant regulated platform for tokenizing real-world assets.
- Green Digital Bank – described as providing cross-border Islamic digital financial services.
- GreenX AI Quantitative – presented as a liquidity provider for RWA launchpad projects.
- BidFi Product – described as a decentralized financial services product enabling participation in tokenized RWA.
- Green Token (XGT) – an ESG-aligned token supporting projects such as aeroponic urban farming.
Through Green-X and related initiatives, Greenpro Capital positions itself in the digital finance and tokenization space, with a focus on Shariah-compliant and ESG-aligned offerings.
Islamic Digital Banking and Fiat–Crypto Interoperability
Greenpro Capital has announced that it received conditional approval from the Labuan Financial Services Authority to establish and operate an Islamic Digital Bank under Labuan’s guidelines on the establishment of Islamic digital banks. According to the company, this proposed Green Digital Bank is intended to operate within the Labuan International Business and Financial Centre framework.
The company states that this digital bank is planned to be Shariah-compliant and capable of accepting both fiat and cryptocurrency deposits, with the aim of enabling settlement between fiat and crypto assets. Greenpro’s disclosures describe the intended services of the Green Digital Bank as including:
- Digital deposits on a Shariah-compliant platform.
- Islamic financing products.
- Investment products aligned with applicable regulatory standards.
- Cross-border payment solutions delivered through a blockchain-enabled platform.
Greenpro also indicates that the Green Digital Bank aims to be compatible with major cryptocurrencies, such as certain stablecoins, in line with regulatory principles referenced in its public statements.
Regional Projects and Strategic Collaborations
Greenpro Capital’s news releases describe involvement in several regional initiatives and collaborations. For example, the company announced that it is part of a tripartite consortium with the Royal Turf Club of Thailand under Royal Patronage and Capital Trust Group Limited to spearhead the proposed business development of a Thailand Entertainment Complex. This proposed mega project is described as a large entertainment complex with hospitality and leisure amenities, subject to relevant Thai legislation.
Under the consortium arrangement, Greenpro and Capital Trust Group are described as leading fundraising campaigns via both conventional capital markets and digital cryptocurrency channels, with the goal of developing a “Green Edutainment Center” featuring sustainable and ESG-oriented characteristics.
Green-X, as a subsidiary of Greenpro, is also described as a founding member of the Asia Digital Asset Exchange Alliance, alongside exchanges from Korea, Japan, Singapore, Thailand, and Cambodia. The alliance is presented as a collaborative effort to expand digital asset markets, coordinate on regulatory matters, and share operational expertise across member exchanges.
In Indonesia, Green-X is reported to have participated in blockchain education and training initiatives in collaboration with academic and industry partners, focusing on introducing blockchain technology to educators and blockchain enthusiasts. Green-X is also mentioned in connection with plans for a BIMP-EAGA Digital Wallet concept aimed at Shariah-compliant digital assets in a regional context, as described in the company’s public communications.
Corporate Structure, Exchange Listing, and Regulatory Filings
Greenpro Capital Corp. is incorporated in Nevada and trades on the Nasdaq Stock Market under the ticker symbol GRNQ. The company has stated in its press releases that it is a multinational financial services company and that it has regained compliance with Nasdaq’s minimum bid price listing rule, following communication from Nasdaq’s Listings Qualifications Staff.
Greenpro’s SEC filings show ongoing capital-raising activities through private placements of common stock. Several Form 8-K filings describe subscription agreements with accredited or non-U.S. investors under exemptions from registration provided by Section 4(a)(2) of the Securities Act and Regulation D and/or Regulation S. These offerings are described as being used for operating capital.
The company has also filed an 8-K describing an Acquisition Agreement to acquire a minority shareholding in Greenophene Technologies Limited, a British Virgin Islands company, in exchange for shares of Greenpro common stock. Another 8-K details a change in the company’s independent registered public accounting firm, noting the resignation of a prior auditor and the engagement of a new firm, with related disclosures about audit opinions and the absence of reportable disagreements as defined in SEC regulations.
Service Segments and Historical Description
Earlier descriptions of Greenpro Capital’s business, such as those reflected in third-party summaries, refer to several segments, including:
- A service business engaged in corporate advisory and business solution services.
- A real estate business segment involved in trading or leasing commercial real estate properties in Hong Kong and Malaysia.
- A digital business segment involved in providing digital platforms and trading of digital assets.
These descriptions also note that Greenpro historically provided cross-border business services, record management services, and accounting outsourcing services to small and medium-sized businesses in Southeast Asia and East Asia, with a focus on Hong Kong, China, Malaysia, Thailand, and Taiwan. Cross-border business services are described as encompassing tax planning, trust and wealth management, and other related services.
Position within Information and Digital Services Sector
Greenpro Capital is classified in the Information sector under Data Processing, Hosting, and Related Services. Its activities, as described in its public communications, combine corporate advisory and incubation with digital asset exchange operations, Islamic digital banking initiatives, and ESG-oriented tokenization projects.
Investors and observers reviewing GRNQ stock may therefore encounter a company that combines traditional corporate services—such as listing advisory, trust and wealth management, and accounting outsourcing—with newer initiatives in blockchain-based finance, Shariah-compliant digital assets, and regional mega-project development. The company’s SEC filings and press releases provide the primary source of information about its evolving business focus, capital structure, and regulatory status.
FAQs about Greenpro Capital Corp. (GRNQ)
- What does Greenpro Capital Corp. do?
Greenpro Capital Corp. describes itself as a business incubator with a diversified portfolio across finance, technology, banking, Green-X for STOs, and health and wellness. It provides cross-border business solutions, trust and wealth management, listing advisory, transaction services, record management, accounting outsourcing, and tax advisory services, and it operates venture capital activities focused on start-ups and high growth companies. - Where is Greenpro Capital headquartered?
Greenpro Capital states that it is a Nevada corporation headquartered in Kuala Lumpur, Malaysia, with strategic offices across Asia. - On which exchange does GRNQ trade?
Greenpro Capital Corp. trades on the Nasdaq Stock Market under the ticker symbol GRNQ. - What is Green-X, and how is it related to Greenpro Capital?
Green-X Corp is described as a wholly-owned subsidiary of Greenpro Capital Corp. It operates a Shariah-compliant ESG digital asset exchange licensed under the Labuan Financial Services Authority in Malaysia, focusing on security token offerings and real-world asset tokenization. - What types of digital asset projects are associated with Green-X?
According to Greenpro’s press releases, Green-X has listed or approved projects such as Green Token (XGT), which focuses on funding green-technology ESG companies, KSGEMS, a token backed by investment-grade precious gemstones, and the $ST tokenized security backed by a USD reserve portfolio. - What is the Green Digital Bank initiative?
Greenpro Capital has announced that it received conditional approval from the Labuan Financial Services Authority to establish an Islamic Digital Bank within the Labuan International Business and Financial Centre. The proposed Green Digital Bank is intended to offer Shariah-compliant digital deposits, Islamic financing, investment products, and cross-border payment solutions, with the ability to handle both fiat and cryptocurrency deposits. - How does Greenpro Capital generate business from its advisory services?
Greenpro’s disclosures indicate that it generates business by providing corporate advisory and business solution services, including cross-border business solutions, trust and wealth management, listing advisory services, transaction services, record management services, accounting outsourcing services, and tax advisory services to small and medium-sized businesses and high-net-worth individuals in Asia. - What role does Greenpro play in the Thailand Entertainment Complex project?
Greenpro Capital reports that it is part of a consortium with the Royal Turf Club of Thailand under Royal Patronage and Capital Trust Group Limited to spearhead the proposed business development of the Thailand Entertainment Complex. Under the consortium agreement, Capital Trust Group and Greenpro Capital are described as leading fundraising campaigns via conventional capital markets and digital cryptocurrency channels for this proposed project. - Has Greenpro Capital raised capital through private placements?
Yes. Multiple Form 8-K filings describe subscription agreements for private placements of Greenpro common stock to accredited or non-U.S. investors under exemptions from registration provided by Section 4(a)(2) of the Securities Act and Regulation D and/or Regulation S. The company states that proceeds from these offerings are intended for operating capital. - What information do Greenpro’s SEC filings provide to investors?
Greenpro’s SEC filings, including Form 8-K reports, provide information on material definitive agreements such as subscription agreements and acquisition agreements, changes in the company’s independent registered public accounting firm, unregistered sales of equity securities, and other regulatory disclosures. These filings help investors understand changes in the company’s capital structure, governance, and significant transactions.
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Short Interest History
Short interest in Greenpro Cap (GRNQ) currently stands at 22.7 thousand shares, down 48.9% from the previous reporting period, representing 0.4% of the float. Over the past 12 months, short interest has decreased by 40.4%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Greenpro Cap (GRNQ) currently stands at 1.5 days, up 54% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 30.9% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 4.9 days.