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Home Security Token Offering (STO)

Greenpro Incubated Company Angkasa-X Establishing SpaceTech Eco-system to Support LEO Satellites Launch for ASEAN Region

admincrypto by admincrypto
November 9, 2021
in Security Token Offering (STO)
Cryptocurrency Nimiq (NIM) now available on all SALAMANTEX-enabled payment devices. (news with additional features)
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The following replaces and corrects the release issued on November 5, 2021:

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Greenpro CEO, Dr. Lee said, “We will plan the Security Token Offering (STO) as an alternative fundraising strategy to finance the companies within the SpaceTech eco-system. We are confident in such an innovative fundraising mechanism as recently one of our STO projects (Brighsun New Energy) with world record holding energy innovation recognised by Guinness Book of Record and $2B+ independent valuation has been approved by CEZA to list on our CryptoSX Digital Asset Exchange […]”

KUALA LUMPUR, MALAYSIA / ACCESSWIRE / November 7, 2021 / Greenpro Capital Corp. (NASDAQ:GRNQ) today announced that its incubated company, Angkasa-X is establishing SpaceTech eco-system in Malaysia. The establishment of SpaceTech eco-system will be supported by industries organization and government agencies such as The National ICT Association of Malaysia (PIKOM) and Malaysian Space Agency (MYSA).

According to the SpaceTech Industry September 2021 (Q3) Analytic Report, the global SpaceTech economy is constantly growing and valued at $4.7 trillion in 2021, and it will further grow to $10 trillion by 2030. The investment for SpaceTech economy in East Asia region has achieved $35 billion in 2021.

(https://analytics.dkv.global/spacetech/SpaceTech-Industry-Overview-2021-Q3.pdf)

Greenpro owns 28 million shares in Angkasa-X and is planning to list the company via an IPO on a U.S. exchange in the coming months.

Greenpro CEO, Dr. Lee said, “We will plan the Security Token Offering (STO) as an alternative fundraising strategy to finance the companies within the SpaceTech eco-system. We are confident in such an innovative fundraising mechanism as recently one of our STO projects (Brighsun New Energy) with world record holding energy innovation recognised by Guinness Book of Record and $2B+ independent valuation has been approved by CEZA to list on our CryptoSX Digital Asset Exchange.

We are proud that Angkasa-X is…

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