KUALA LUMPUR, MALAYSIA / ACCESSWIRE / March 13, 2023 / Greenpro Capital Corp. (NASDAQ:GRNQ) today
announced the merger its fully owned GreenX digital exchange with CryptoSX to develop the world largest
STO platform going forward.
Green-X is the first Shariah Compliant ESG Digital Asset Exchange licensed by the Malaysia's Labuan
Financial Services Authority. CryptoSX is one of earliest digital asset exchange to focus on Security
Token Offering and has 10 STO listed since 2019.
Greenpro is a strategic investor of CryptoSX since 2020 and the merger will leverage the Greenpro vast
experience on business incubation, investment advisory and successful track records in Nasdaq listing,
Green-X expertise on Islamic finance and ESG investing and CryptoSX knowledge on digital compliance,
blockchain, tokenization and digital payments.
Greenpro has within its portfolio a crypto exchange called CryptoSX. CryptoSX is a Digital Assets
Exchange that allows issuers to tokenize and investors to buy and sell digital assets. With Greenpro’s
specialties in corporate finance advisory services, Greenpro believes it will be able to strategically
develop and generate more business for CryptoSX in Asset Tokenization and Security Token Offerings
(STO), especially through Greenpro’s incubation division. Other potential business relating to CryptoSX
includes assisting issuers to securitize their assets, such as public company securities, real estate,
art, antiques and other valuable assets.
In the face of the novel coronavirus outbreaks, global equity markets experienced its largest crash
since the 2008 financial crisis. During the last week of February 2020, US equities trigger trading
curbs on 4 occasions, the impact of which may be greater than the crash of the 2008 financial
crisis. Subsequently, governments take initiative, intervening with massive capital injections to
kickstart quantitative easing. Panic selling continuesto takeover global equity markets, the largest
losses of which are: US (37.5%), UK (34.1%), Hong Kong (29.5%), China (16.9%).
Remember the heady days of late 2017, when Bitcoin (BTC) made a bull run to $20,000 and set the crypto
world on fire? For cryptocurrency investors, anything and everything seemed possible. Then the bubble
burst, as hundreds, if not thousands, of cryptocurrency floundered or went out of business, and
investors faced a long cryptocurrency winter.
It’s now 2020, and the cryptocurrency markets are more mature. As innovators search for innovative uses
for blockchain that can change the world, many market experts are heralding the arrival of the fourth
industrial revolution. One of the most exciting and promising business ideas today is Blockchain Stock
Connect (BCS Connect), leveraging ERC20 cryptocurrency to tokenize publicly traded stocks.
Cyber Credit Natural Resources (“CCNR”) took 2 days from start sell on 19 May 2020 to complete US$3
Million private placement to professional investors, creating a record for STO fund raising. CCT
security token successfully listed on Cryptosx Digital Exchange for secondary trading on Friday 22 May
2020. First. Bullion Holdings Inc. would like to whole heartedly congratulate CCNR and its advisory team
on this momentous achievement.
Taken together, the findings of this paper outline the potential of STOs to democratizing
green finance for both private (retail) investors and SME issuers, resulting in more
efficient allocations of capital in developing economies and ultimately accelerating global
climate finance. Tokenized securities can address both supply- and demand-side issues:
a global investor base can increase the demand for green finance projects, safeguarded
through enhanced transparency and auditability. Reduced minimum investment sizes
and reduced transaction costs make SMEs bankable, which is particularly relevant for
developing countries.
First Bullion partner with JM Consultancy to provide clients with the best tokenization technology,
compliance processing and digital financial advisory services to turn their illiquid assets into
tradeable digital securities.
JM Consultancy is a pioneer in facilitating digital transformation of traditional business by utilising
cryptographic token and blockchain technology. Led by a team of crypto evangelists, guiding businesses
through industry regulations in HK and South East Asia, advising both licensed exchanges and entities
working closely with drafting respective local crypto regulations; as well as STOs in the region.
First Bullion Holdings Inc. (“First Bullion”) a fully Licensed and Regulated financial platform that
enables the issuance and management of digital securities using Blockchain based Asset Digitization
Technology, is proud to enter into a strategic partnership with Henry Yu and Associates (“HYA”), in
association with L&Y Law Office, a leading blockchain and fintech law firm and Creative Union
International Limited (“Creative Union”), expert in blockchain technology integration and advisory
services.
First Bullion Partner with Graval Consulting to Provide Liquidity and Funding via Tokenisation and
Asset Digitization to Projects/Businesses with solid assets and business model
First Bullion Inc has announced a strategic partnership with , an Asia based management consulting
company composed of a group of financial, industry experts and entrepreneurs to incubate venture
companies. has impressive track records with over 2,000 valuation and consulting projects and 200+ M&A
cases. ’s specialization on MedTech and TMT related projects will open up huge opportunities for early
stage investors as well as for the venture companies to plan for future expansion.
