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KUALA LUMPUR, MALAYSIA / ACCESSWIRE / July 15, 2024 / Green-X Corp ("GreenX"), a wholly owned subsidiary of Greenpro Capital Corp, is pleased to announce, today, it has secured digital assets valued more than US$100 million directly under its ownership. These digital assets consist of a portfolio of Security Tokens and Stablecoins, which further enhance the value and credibility of GreenX as a regulated centralized exchange.
In addition, we are pleased to announce the strengthening of our alliances with the signing of a strategic partnership between Greenpro Capital Corp., GreenX, and Bank Islam Trust Company (Labuan) Ltd ("Bank Islam Trust"). This collaboration aims to form a strategic business alliance to offer a wide range of products and services, focusing on establishing Labuan entities using Labuan International Business and Financial Centre (LIBFC) as the main jurisdiction. Our goal is to promote Labuan as the main hub for the Islamic Digital Asset Centre (IDAC) for high-net-worth and potential clients.
Dr. CK Lee, Group Chief Executive Officer of Greenpro Capital Corp, stated, "We are extremely excited to have Bank Islam Trust as our strategic partner to penetrate the Muslim and Middle East communities. There is a huge demand for digital asset investments from the Middle East, and we will structure our STO and RWA assets as alternative investment products to cater to their demand."
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About Bank Islam Trust Company (Labuan) Ltd
Bank Islam Trust Company (Labuan) Ltd, a wholly-owned subsidiary of Bank Islam Malaysia Berhad, was established in 20 November 2003. As a pioneering Trust Company in Labuan, it specialises in offering Shariah-compliant wealth management products, including Labuan Trust, Labuan Foundation, and Labuan Company establishment, ensuring adherence to Shariah principles across its operations. For more information regarding the products and services provided by Bank Islam Trust Company (Labuan) Ltd, please visit https://www.bankislamtrust.com.my or contact the main office at +6087451 807/809
About Green-X Corp
Green-X™ is a wholly-owned subsidiary of Greenpro Capital Corp (NASDAQ:GRNQ) and operates one of the world's leading Shariah-Compliant ESG Digital Asset Exchange licensed under Labuan Financial Services Authority (LFSA), Malaysia. The Green-X exchange can be found at https://www.green-x.io/
About Greenpro Capital Corp
Headquartered in Kuala Lumpur and a Nevada corporation, Greenpro Capital Corp. (NASDAQ:GRNQ), is a business incubator with strategic offices across Asia. With a diversified business portfolio comprising of finance, technology, banking, and Green-X for STOs, health and wellness as well as 30 years of experience in various industries, Greenpro has been assisting and supporting businesses and High-Net-Worth-Individuals to capitalize and securitize their value on a global scale. This is done through the provision of cross-border business solutions, spinoffs on major stock exchanges and accounting outsourcing services to small and medium-size businesses located in Asia. The comprehensive range of cross-border business services include, but are not limited to, trust and wealth management, listing advisory services, transaction services, cross-border business solutions, record management services, accounting outsourcing services and tax advisory services. Greenpro also operates venture capital businesses, including business development for start-ups and high growth companies.