Greenpro Capital Corp

What Greenpro Capital Corp does

Greenpro Capital Corp (NASDAQ: GRNQ) is a Nevada-incorporated, Kuala Lumpur-headquartered multinational financial services company founded in July 2013 and listed on NASDAQ since 2018. It targets small and medium-sized enterprises across Asia and high-net-worth individuals with four service lines: corporate advisory (transaction advisory, international restructuring, listing advisory, cross-border business solutions), wealth management (private/family trusts, private investment companies, family offices), incubation and venture capital, and a "Digital Entrepreneur Solutions" suite of AI-branded financial intelligence tools (Accounting, Business, Creditability, Debt Financing, Equity Financing, and Financial Intelligence). Revenue is generated primarily through professional service fees, with subscription and transaction-fee revenue emerging from the GreenX digital asset platform.

The company's technology platform centers on the GreenX Ecosystem, anchored by a Shariah-compliant regulated digital asset exchange licensed by the Labuan Financial Services Authority (LFSA) for tokenizing Real-World Assets (RWAs) such as infrastructure, agriculture, and commodities. Adjacent products include a conditionally approved Green Digital Bank (LFSA i-BOX framework), GreenX AI Quantitative (liquidity provision for RWA launchpads), BidFi (decentralized finance), and the Green Token (XGT) for ESG-aligned tokenization. The April 2026 share-exchange acquisition of Forekast Limited adds augmented-intelligence and data-analytics capabilities (~$21M revenue, ~$1.6M EBITDA) intended to be integrated across advisory and ESG offerings. The platform operates from four regional offices (Kuala Lumpur, Hong Kong, Shenzhen, Bangkok) and is distributed through direct enterprise sales, an event-driven GTM (ASEAN Growth Enterprise Forum, Green Digital Economy Summit), and a partnership channel anchored by the SME Association of Malaysia (10,000+ members).

Name

Greenpro Capital Corp

Legal name

Greenpro Capital Corp.

Website

https://greenprocapital.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

51–100 employees

Short description

Greenpro Capital Corp (NASDAQ: GRNQ) is a Kuala Lumpur-headquartered financial services and digital-asset company serving Asian SMEs and high-net-worth individuals with corporate advisory, wealth management, venture incubation, and the GreenX Shariah-compliant RWA tokenization exchange, recently expanded via the Forekast AI acquisition.

Ownership category

akta.pro rank

Product category

Financial Advisory and Wealth Management

NAICS

Other Financial Vehicles (52599), Funds, Trusts, and Other Financial Vehicles (525), Depository Credit Intermediation (5221), Other Financial Vehicles (525990)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC)

akta.pro secondary industries

Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD), Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), Green/Ethical/Sustainable Neobanks (FSABAFAI), Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG), Climate Finance Funds & Green Investment Facilities (BPADACAH)

Keywords

• Corporate advisory services
• Wealth management solutions
• Venture capital incubation
• Digital asset exchange
• RWA tokenization platform

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Corporate Advisory Services: Fees from transaction advisory, international corporate restructuring, corporate structure planning, and advisory for business expansion. Revenue generated through professional service engagements with SMEs across Asia.
2. Wealth Management Services: Fees from private and family trusts, private investment company setup, foundation and family office setup, and wealth planning and management advisory.
3. Incubation and Venture Capital: Revenue from venture capital operations, business development for startups and high growth companies through the Incubation Centre.
4. Digital Entrepreneur Solutions: Fees from AI-powered financial technology solutions including Accounting Intelligence, Business Intelligence, Creditability Intelligence, Debt Financing Intelligence, Equity Financing Intelligence, and Financial Intelligence.
5. Listing Advisory and Cross-Border Business Solutions: Services for spinoffs on major stock exchanges, accounting outsourcing, tax advisory, and cross-border business solutions for SMEs in Asia.
6. Digital Asset Exchange Services: Revenue from GreenX digital asset exchange operations including security token offerings (STOs) and RWA tokenization services. Platform enables tokenization of real-world assets such as infrastructure, agriculture, and commodities.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Greenpro Capital Corp provides integrated professional financial services for SMEs and high-net-worth individuals, including corporate advisory (transaction advisory, international corporate restructuring, listing advisory), wealth management (private and family trusts, investment company setup, family office setup), venture capital incubation, and AI-enabled Digital Entrepreneur Solutions (Accounting, Business, Creditability, Debt Financing, Equity Financing, and Financial Intelligence suites). The company also operates the GreenX Ecosystem — a Shariah-compliant regulated digital asset exchange for Real-World Asset (RWA) tokenization, supported by the Green Digital Bank (conditional LFSA approval), GreenX AI Quantitative, BidFi, and the ESG-aligned Green Token (XGT).

Product overview

Greenpro Capital Corp operates as a diversified business incubator and financial services company offering a platform-plus-modules architecture. The core portfolio comprises Corporate Advisory Services (transaction advisory, restructuring, business expansion), Wealth Management (trusts, investment companies, family offices), Incubation/Venture Capital, and Digital Entrepreneur Solutions (AI-enabled intelligence suites: A.I., B.I., C.I., D.I., E.I., F.I.). The company has expanded into digital finance with GreenX Ecosystem—a Shariah-compliant regulated digital asset exchange (licensed by LFSA) for RWA tokenization, supported by Green Digital Bank (conditional approval for Islamic digital banking), GreenX AI Quantitative (liquidity provider), BidFi (decentralized finance), and Green Token (XGT) (ESG-aligned RWA token). The April 2026 acquisition of Forekast Limited adds augmented intelligence and analytics capabilities. Cross-border business solutions, accounting outsourcing, and tax advisory services complete the Asia-focused service offerings.

Differentiator

Problem solved

Functional benefit

Brands

• Green-X: A regulated Shariah-compliant digital asset exchange licensed under Labuan Financial Services Authority (LFSA), Malaysia. Operates as a platform for RWA tokenization and ESG finance.
• Green Digital Bank
• GreenX AI Quantitative
• BidFi Product
• Green Token (XGT)

Products and services

• Corporate Advisory Services Transaction advisory, international corporate restructuring, corporate structure planning, and advisory services for business expansion, delivered to SMEs and growth-stage companies across Asia.
• Wealth Management Services Private and family trusts, private investment company setup, foundation and family office setup, and wealth planning and management advisory for high-net-worth individuals seeking global wealth structuring.
• Incubation/Venture Capital Venture capital services including business development, funding, and incubation for startups and high-growth companies through the Incubation Centre.
• Digital Entrepreneur Solutions AI-powered suite of financial intelligence solutions including Accounting Intelligence, Business Intelligence, Creditability Intelligence, Debt Financing Intelligence, Equity Financing Intelligence, and Financial Intelligence, offered to SMEs and high-net-worth individuals.
• GreenX Exchange A Shariah-compliant regulated platform licensed under Labuan Financial Services Authority (LFSA) for tokenizing Real-World Assets (RWA), enabling security token offerings (STOs), digital asset trading, and ESG-aligned investment across Asia.
• Green Digital Bank Next-generation Islamic Digital Bank providing cross-border Islamic digital financial services for individuals and businesses across ASEAN and beyond, operating under conditional LFSA approval.
• GreenX AI Quantitative Liquidity provider and market-maker for RWA launchpad projects within the GreenX Ecosystem, enabling market-making for on-chain ETFs and digital assets.
• BidFi Product Decentralized financial service enabling secure, transparent, and efficient participation in tokenized Real-World Assets (RWA) within the GreenX Ecosystem.
• Green Token (XGT) ESG-aligned digital token supporting sustainability-focused initiatives including aeroponic urban farming through blockchain technology, tokenized as a Real-World Asset backed by Dorod Group's Arrow Tower vertical farming systems.
• Forekast Limited (AI and Augmented Intelligence) AI and augmented intelligence data analytics solutions for customer experience enhancement, workforce optimization, and enterprise decision-making, integrated across Greenpro's advisory services, ESG initiatives, and digital platform infrastructure.
• Cross-Border Business Solutions Comprehensive cross-border services including listing advisory, transaction services, record management, accounting outsourcing, and tax advisory for small and medium businesses in Asia.

Quantifiable outcome

• Revenue expected to accelerate following Forekast acquisition bringing $21M annual revenue
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature6 records

Partnerships

17 partnerships are on record, tiered core and minor.

• Forekast LimitedcoreStrategic or Co-development Partner · 6 April 2026Strategic share exchange agreement where Greenpro issued 8,500,000 restricted shares of common stock in exchange for an equity interest in Forekast Limited, an AI and augmented intelligence data analytics provider generating approximately $21 million annual revenue with $1.6 million EBITDA.
• Dorod Group BerhadcoreStrategic or Co-development Partner · 13 October 2025Partnership for Aeroponics Arrow Tower (AAT) system integration with GreenX. Professor Dr Hamed Faghiri leads development. System optimizes productivity, enhances carbon efficiency, and reduces water use by up to 99%.
• PIH LimitedcoreTechnology or Integration · 28 March 2025Partnership to onboard $ST stablecoin on GreenX exchange. $ST is a tokenized securities secured by USD Reserve Portfolio, running under Secured Security Token Program with transparent and audited portfolio.
• Potomac Capital LimitedcoreTechnology or Integration · 28 March 2025Hong Kong Securities & Futures Commission licensed corporation arranging the $ST stablecoin program. Structured the transparent and audited portfolio of assets held in segregated account for token stability.
• Royal Turf Club of ThailandcoreStrategic or Co-development Partner · 5 December 2024Tripartite consortium with Royal Turf Club of Thailand (under Royal Patronage) and Capital Trust Group Limited for US$6 billion Thailand Entertainment Complex development including horse-racing track, 6-star hotels, golf courses.
• Capital Trust Group LimitedcoreStrategic or Co-development Partner · 5 December 2024Part of consortium for Thailand Entertainment Complex development. New Zealand investment management and fintech company specializing in white-label EdTech platforms for social investment networks.
• Asia Digital Asset Exchange AlliancecoreStrategic or Co-development Partner · 28 October 2024GreenX is a founding member of the Asia Digital Asset Exchange Alliance launched at Blockchain Week in Busan (BWB2024). Alliance includes Busan Digital Asset Exchange (Korea), Osaka Digital Exchange ODX (Japan), ADDX (Singapore), TokenX (Thailand).
• Crewstone InternationalminorStrategic or Co-development Partner · 16 September 2024MOU signed with private equity firm Crewstone International to formalize comprehensive cooperation including deal referrals, joint ventures, capital commitments, and asset sales.
• InvestaXminorStrategic or Co-development Partner · 15 August 2024MOU signed with InvestaX, a leading Security Tokens Investment and trading platform licensed by Monetary Authority of Singapore. InvestaX holds CMS license to deal in securities and collective investment schemes.
• Nahdlatul UlamaminorStrategic or Co-development Partner · 30 July 2024LOI signed for Shariah Compliant Real World Asset (RWA) Tokenization with Nahdlatul Ulama. GreenX conducted visits to PWNU East Java and East Java Ulama Council (MUI) Office for Islamic digital asset exchange establishment in Indonesia.
• Bank Islam Trust Company (Labuan) Ltd.coreStrategic or Co-development Partner · 15 July 2024Strategic alliance with Bank Islam Trust Company (Labuan) Ltd. for digital asset operations. Green-X Corp secured digital assets valued more than US$100 million under its ownership through this partnership.
• First Bullion Holdings Inc.minorStrategic or Co-development Partner · 12 May 2022Partnership through group company First Bullion Holdings Inc. for creation of crypto exchange in Malaysia and stablecoin onboarding on CryptoSX Digital Asset Exchange.
• SME Association of MalaysiacoreChannel Partner/ Reseller/ Distributor · 10 February 2022Engaged as Strategic Partner in Business Securitization and Capital Funding Services to over 10,000 SME members across Malaysia.
• ISRA (International Shariah Research Academy)coreImplementation/ SI/ Consulting Partner · 21 December 2021Engagement Agreement signed with ISRA for Islamic Finance development with establishment of Digital Asset Exchange and NFT marketplace in ASEAN region. ISRA plays critical role in Shariah compliance facilitation.
• PIKOMminorStrategic or Co-development Partner · 2 December 2021Strategic collaboration with PIKOM (Malaysian tech association) and SEATech Ventures Corp. to build unicorns in ASEAN region, supported by Government of Malaysia.
• SEATech Ventures Corp.minorStrategic or Co-development Partner · 2 December 2021Partnership with SEATech Ventures Corp. (OTCPINK:SEAV) in collaboration with PIKOM for ASEAN unicorn development.
• E-Fi (Equity Finance Network)minorStrategic or Co-development PartnerRWA-based on-chain finance and Web4 ecosystem leveraging Malaysia's digital finance environment and Labuan international financial system. GreenPro Capital Group provided strategic investment.

Scale indicators15 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• ADDX: Singapore-based MAS-regulated digital exchange for security tokens and private market funds. Directly comparable to GreenX as a regulated Asian venue offering tokenized securities issuance, listing, and trading for institutional and HNW clients.
• InvestaX: MAS-licensed (CMS) security tokens investment and trading platform based in Singapore. Greenpro has an MOU with InvestaX, and the two are direct competitors in the ASEAN RWA tokenization market.
• TokenX: Thailand-based digital asset exchange and RWA issuance platform. Co-founding member of the Asia Digital Asset Exchange Alliance with GreenX and a regional competitor for tokenized assets in Thailand.
• Securitize: US-based RWA tokenization issuance and transfer agent platform with deep institutional adoption. Comparable to GreenX in offering regulated tokenization infrastructure for real-world assets across multiple asset classes.
• tZERO: US-regulated blockchain-based alternative trading system for security tokens and digital assets. Comparable to GreenX as a regulated venue for trading tokenized securities with both retail and institutional access.

Regional players

• Busan Digital Asset Exchange: Korea-based digital asset exchange and Asia Digital Asset Exchange Alliance co-founding member. Comparable to GreenX as a regional venue for tokenized assets, but primarily serving the Korean market.
• Osaka Digital Exchange (ODX): Japan-based regulated digital exchange focused on security tokens and crypto assets. Co-founding member of the Asia Digital Asset Exchange Alliance with GreenX and a regional competitor in Japan.

Emerging players

• Polymath: Tokenization platform providing infrastructure for issuing and managing security tokens. Comparable to GreenX in offering the underlying technology stack for RWA issuance, though at an earlier commercialization stage.
• First Bullion Holdings / CryptoSX: Malaysian-affiliated digital asset exchange and stablecoin platform with which Greenpro has a partnership via First Bullion Holdings. Comparable as a Malaysia-based digital asset venue, though smaller and earlier stage.

Broad incumbents

• Burford Capital: NASDAQ-listed alternative finance firm specializing in commercial litigation finance and asset recovery. Comparable to Greenpro as a publicly listed specialty finance company serving complex cross-border corporate advisory needs, and used in the source data as a benchmark for institutional ownership levels (89.1% vs. Greenpro's 60.3%).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/GreenProCapital

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Greenpro Capital Corp