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Greenpro’s Digital Asset Exchange, Green-X is Awarded by ESGAM for Establishment of Carbon Credit Tokenization Platform
KUALA LUMPUR, MALAYSIA / ACCESSWIRE / December 22, 2023 / Greenpro Capital Corp. (NASDAQ:GRNQ) today announced that the company's Digital Asset Exchange,
About this update from Greenpro Capital Corp.
[{"type":"text","content":"KUALA LUMPUR, MALAYSIA / ACCESSWIRE / December 22, 2023 / Greenpro Capital Corp. (NASDAQ:GRNQ) today announced that the company's Digital Asset Exchange, Green-X have been accorded a special Appreciation Award from ESG Association Malaysia (\"ESGAM\") for the establishment of the world's first Shariah-compliant Carbon Credit Tokenization Platform and for its contribution to ESG initiatives in Malaysia. Green-X, the world first Shariah Compliant ESG Digital Asset Exchange, which was launched back in September 2022 to help the small and medium entrepreneurs to gain access to alternative regulated fundraising platforms, evolve financial products and promote greater financial inclusivity. Its core product, Security Token Offering (\"STO\") aims to help the underserved businesses in digitalizing, securitizing, and tokenizing their illiquid assets and eventually raise funds for business development.Due to the world's trend moving towards ESG and decarbonization, we are expecting many international issuers to list on our Shariah Compliant ESG Digital Asset Exchange.President of ESG Association of Malaysia, Mr. Cheah Kok Hoong said, \"We appreciate Green-X's contribution to ESGAM for the establishment of ESG Quick Start Guide for SMEs (\"ESG101\") to help our members and SMEs in adopting ESG practices. We strongly believe that this ESG101 represents a small step forward for our Association, but a giant leap forward for ASEAN countries in embracing ESG initiatives.Greenpro CEO, Dr. CK Lee said, \"Labuan and Malaysia will play a key role in the future of carbon credit tokenization. We will actively work with the regulators, finance and industry partners in ASEAN region to establish Green-X as a digital hub for carbon credit tokenization.\"About ESG Association of MalaysiaESG Association of Malaysia originates from the experiences of professionals coming from the business, academic, financial, legal world and the third sector, which is a need in aiding Malaysia to contribute to its transition towards sustainability.We aspire to be the catalyst, facilitator, and enabler for ESG adoption and development in Malaysia, delivering on the Sustainable Development Goals (SDG17) call to action plan adopted by The United Nations.ESGAM's website can be found at https://esgmalaysia.org/About Green-X Corp.Green-X Corp. (Green-X) is a wholly owned subsid...