GreenPro Capital Corp (NASDAQ: GRNQ) is a financial services company that provides cross-border business solutions to small and medium-sized enterprises in Asia. Revenue comes from cross-border listing advisory services, venture capital and business incubation activities, and a Shariah-compliant digital asset exchange platform called Green-X. The company assists private companies seeking to list on U.S. exchanges including NASDAQ and OTC Markets, while also operating a venture capital business focused on start-ups and high-growth companies in Southeast Asia and East Asia. Green-X, its digital asset exchange, issues and trades security tokens, including asset-backed and equity-based tokens, and operates a GX Token and an e-wallet under Islamic finance principles. As of March 30, 2026, GRNQ had 8,625,813 shares outstanding and approximately 195 record holders. The company has not declared or paid dividends since formation. In FY2025, the company raised $1,235,000 through private placement of 1,050,000 shares to fund operations.
- Revenue model
- Fee-based revenue from cross-border listing advisory services for SME clients seeking U.S. exchange listings, venture capital investment returns, business incubation services, and transaction and subscription activity on the Green-X digital asset exchange platform. Related-party other income in FY2025 included amounts from Acorn Finance Limited ($10,773) and Greenpro Trust Limited ($27,956). Related-party interest income in FY2025 was $6,103. Gain on disposal of related-party investments in FY2025 was $39,800, down from $324,917 in FY2024.
- Products and services
- Cross-border listing advisory services for private companies targeting NASDAQ and OTC Markets listings. Venture capital investment and business incubation for seed, start-up, and expansion stage companies. Green-X digital asset exchange (Green-X DAX), a Shariah-compliant platform trading security tokens including DiGau, an asset-backed crypto security token that traded at $9.5934 per token as of December 31, 2025, up from $3.9006 as of December 31, 2024. Green-X e-wallet operating on the Islamic custodianship principle of Wadi'ah.
- Customers and end markets
- Small and medium-sized enterprises in Southeast Asia and East Asia, including companies in Hong Kong, Malaysia, China, Thailand, and Singapore, seeking U.S. capital markets access or early-stage growth support. Digital asset investors and issuers participating on the Green-X DAX platform.
- Value-chain role
- Intermediary between Asian private companies and U.S. public capital markets. Business incubator providing office space, advisory services, board representation, and capital structuring support to early-stage companies. Digital asset exchange operator and token issuer facilitating Shariah-compliant security token trading.
- Geographic exposure
- Operations and client base concentrated in Southeast Asia and East Asia, including Hong Kong, Malaysia, China, Thailand, and Singapore, with advisory services oriented toward U.S. exchange listings on NASDAQ and OTC Markets. Incorporated and listed in the United States on NASDAQ Capital Market.
Source: SEC 10-K, filed 2026-03-30
Industry:
Services-Management Consulting Services
Peers:
Aurelion Inc