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GreenX Sign MOU with Singapore's InvestaX for Strategic Collaboration
KUALA LUMPUR, MALAYSIA / ACCESSWIRE / August 15, 2024 / GreenX is proud to announce the signing of Memorandum of Understanding ("MOU") with InvestaX, a
About this update from Greenpro Capital Corp.
[{"type":"text","content":"KUALA LUMPUR, MALAYSIA / ACCESSWIRE / August 15, 2024 / GreenX is proud to announce the signing of Memorandum of Understanding (\"MOU\") with InvestaX, a leading Security Tokens Investment and trading platform licensed by Monetary Authority of Singapore. InvestaX holds the Capital Markets Services License (\"CMS\") to deal in securities and collective investment schemes; Recognized Market Operator License (\"RMO\") to operate an organised market for securities; and Exempt Financial Advisor to provide advice on units in collective investment schemes.The collaboration will focus on providing secondary trading opportunities for security tokens or other digital assets across both Exchange, as well as cross marketing for primary listing opportunities. Issuers across different geographical region can now look forward to having their tokens recognized and traded through different platforms and multiple segments of users.A pivotal element of this collaboration also includes participation from IX Swap, the world's first decentralized exchange for security token offerings (\"STO\") and real-world asset tokens (\"RWA\"). IX Swap offers crucial liquidity pools and automated market making services, effectively bridging the gap between centralized finance (\"CeFi\") and decentralized finance (\"DeFi\"). This integration is a vital infrastructure development for both the STO industry and brings leading Global STO infrastructure companies together.\"The collaboration with Singapore's InvestaX and IX Swap is highly complementary in providing our respective clients a broader and deeper RWA listing and trading platform that covers both professional/accredited and retail investors in terms of geographical reach and community building,\" said Philip Tam, CEO of GreenX. \"We stride to establish a Global Alliance of licensed and regulated Security Token Exchanges - South Korea, Singapore, Indonesia, Malaysia, Europe and many more regulated regions. We can share our experience and facilitate the listing in the most favourable exchange for both issuers and users.\"About InvestaXFounded in 2015, InvestaX is the leading licensed tokenization software-as-a-service (SaaS) platform in Asia, licensed by the Monetary Authority of Singapore with a Capital Markets Service License (CMSL) and Recognized Market Operator (RMO) License for dealing in and trading Real...