Greenpro to Tab CryptoSX Listing Platform for Pre-STO Investment
Receive instant alerts for news on your actions. Claim your 1-week free trial for StreetInsider Premium here.
KUALA LUMPUR, MALAYSIA / ACCESSWIRE / July 12, 2021 / Greenpro Capital Corp. (NASDAQ: GRNQ) announced today that it is allocating up to $ 5 million in seed funding to participate in Security Token Offering (STO) projects on CryptoSX Digital Asset Exchange (CryptoSX). Greenpro will leverage its unique position with CryptoSX to drive transformational investments to build world-class blockchain-enabled businesses. Several investment opportunities in energy storage, health, challenge and metal mining technologies have already been identified.
Investing in the best Pre-STO projects will dramatically increase shareholder value for Greenpro without having to wait for portfolio companies to complete an IPO event which is typically expensive and exhaustive for small projects.
CryptoSX, a fully licensed and regulated exchange under CEZA in the Philippines has already listed 6 successful Security Token Offerings (STOs) since 2019 and is working on 9 additional STO projects for primary listing and secondary trading in the second half of 2021, ranging from renewable energy storage, precious metal mining, retail DeFi lending, stem cell research, contract farming, FinTech incubation for commercial real estate around the world.
By empowering the brightest and most experienced entrepreneurs; Greenpro has already proven its ability to transform markets through sophisticated capital deployment in the following investments:
- Air Racing World Championship (June 2021)
- Company of World Leaders (May 2021)
- Angkasa-X LEO satellite company (May 2021)
- Greenpro to create Bitcoin Fund (December 2021)
- Tech companies in Southeast Asia (January 2021)
- New Business Media Sdn. Bhd (November 2020
Greenpro’s multidisciplinary team has extensive experience in the areas of investment, portfolio management, capital markets, operations and blockchain technology. From idea to IPO and beyond, Greenpro helps the daring build legendary businesses. The company seeks to invest in all sectors with a focus on digital assets, blockchain technology, healthcare, energy, fintech, renewables and technology.
Going forward, the company’s strategy continues to evolve to take advantage of emerging technologies for the betterment of the human race while generating compound returns for its stakeholders.
Relying on cutting-edge technologies, CryptoSX builds a state-of-the-art crypto exchange platform for STO, backed by Fiat / Crypto conversion capabilities. The exchange is the preferred digital platform for businesses looking to tokenize their assets, issue and trade security tokens. CryptoSX complies with all applicable Philippine government financial and virtual exchange policies and regulations under CEZA (Cagayan Economic Zone Authority). The exchange platform received a full master license from CEZA in 2018. Since then, CryptoSX has worked closely with CEZA to develop and improve STO registration procedures, as well as compliance and compliance requirements. report.
For more information, please visit: www.cryptosx.io and [email protected]
About Greenpro Capital Corp.
Based in Kuala Lumpur, Greenpro Capital Corp. (NASDAQ: GRNQ), a Nevada-based company, with strategic offices across Asia, is a business incubator with a diverse business portfolio including finance, technology, banking, CryptoSx for STOs, health and welfare and fine. art. The full range of cross-border business services includes, but is not limited to, trust and wealth management, listing advisory services, transaction services, cross-border business solutions, case management services, investment banking services. ‘outsourcing of accounting and tax advisory services. We also operate venture capital activities, including business development for start-ups and high growth companies, spanning finance, technology, FinTech, health and wellness. For more information about the Company, please visit http://www.greenprocapital.com.
This press release contains forward-looking statements, in particular with regard to, among other things, the business plans of the Company, statements relating to objectives, plans and projections concerning the financial position and the commercial strategy of the Company. The words or expressions “plans”, “would”, “will allow”, “the intention of”, “may result”, “should”, “continue”, “anticipates”, “expects”, “estimated, ““ plan ”,“ indicate ”,“ might ”,“ potentially ”,“ should ”,“ believe ”,“ think ”,“ consider ”or similar expressions are intended to identify“ forward-looking statements. ”These forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by those sections. Actual results could differ materially from those projected in the forward-looking statements in due to a number of risks and uncertainties. These forward-looking statements are based on current expectations, involve known and unknown risks, dependence on third parties for information, transactions or orders that may be canceled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties relating to fluctuating local, regional and global economic conditions, the performance of management and our employees, our ability to achieve financing, competition, general economic conditions and other factors which are detailed in our periodic reports and on documents that we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon at any later date, and the Company specifically disclaims any obligation to update forward-looking statements to reflect unforeseen events, developments, events. or circumstances after the date of this declaration.
Gilbert Loke, Chief Financial Officer, Director
Greenpro Capital Corp.
Email: [email protected]
Phone: + 852-3111 7718
Contact Person: Dennis Burns. Investor Relations.
Phone (567) 237-4132
SOURCE: Greenpro Capital Corp.
See the source version on accesswire.com: