Latest News, Insights and Updates from Cryptosx and Cryptocurrency Industry
Author: Cryptosx
Cryptosx is a licensed and regulated digital asset exchange that supports different classes of digital and crypto assets including BTC, ETH, USDT, LTC, XRP and BCH.
在金融方面，我们收购了马来西亚众筹平台Ata Plus Sdn Bhd，这家公司是大马证券监督委员会（SC）认可及发出执照的众筹平台；Ata Plus有意筹集资金的企业提供一个更易於融资，同时更加透明的平台。
我们也通过收购acquiring First Bullion Holdings Inc，参与证券型通证发行（Securities Token Offerings STO)，该公司提供数码资产交易平台（Digital Assets exchange）等金融服务。 此外，我们收购马来西亚最大中文财经平台New Business Media Sdn. Bhd，该公司经营的财经平台读者遍布马来西亚和东南亚各国。
A new user that never had a CryptoSX account before.
Each person can only create one account for this raffle
A fully validated account has successfully progressed through the 3 validation processes and has received a confirmation email of being a valid accredited investor:
1) Email validation
2) ID verification
3) Investor accreditation
Users that created an account before the raffle was announced can only participate if they only went through the Email verification process but have not yet progressed further. To participate, these users will have to finish the whole validation process as explained above.
Winners must give their consent for their names to be shared publicly to maintain a transparent approach to the raffle.
The $500USDT will be added to the winners’ CryptoSX digital wallet. The tether coins can be used on any of the CryptoSX products.
KUALA LUMPUR, MALAYSIA / ACCESSWIRE / July 12, 2021 / Greenpro Capital Corp. (NASDAQ:GRNQ) today announced that it is allocating up to $5 Million initial funding to participate in STO (Security Token Offering) projects on CryptoSX Digital Asset Exchange (CryptoSX). Greenpro will leverage its unique position with CryptoSX to drive transformational investments to build world class blockchain-enabled companies. Several investment opportunities in energy storage, health, defi lending and metal extraction technology have already been identified.
To invest in best in class Pre-STO projects will significantly increase shareholders value for Greenpro without the need to wait for portfolio companies to achieve an IPO event which are typically expensive and exhaustive for smaller projects.
CryptoSX, a fully Licensed and Regulated Exchange under CEZA in the Philippines has already listed 6 successful Security Token Offerings (STO) since 2019 and is working on 9 additional STO projects for primary listing and secondary trading in the second half of 2021, ranging from renewable energy storage, precious metal extraction, retail DeFi lending, stem cell research, contract farming, fintech incubation to commercial real estate across the globe.
Through empowering the brightest, experienced entrepreneurs; Greenpro has already proven its ability to transform markets through sophisticated capital deployment in the following investments:
World Championship Air Race (June 2021)
Global Leaders Corporation (May 2021)
Angkasa-X LEO Satellite Company (May 2021)
Greenpro to set up Bitcoin Fund (December 2021)
South East Asia Technology Ventures (January 2021)
New Business Media Sdn. Bhd (November 2020
Greenpro’s multi-disciplinary team has extensive experience spanning investing, portfolio management, capital markets, operations, and blockchain technology. From idea to IPO and beyond, Greenpro helps the daring build legendary companies. The firm seeks to invest in all sectors with a focus on digital assets, blockchain technology, health, energy, financial technology, renewable energy and technology.
Looking forward, the firm’s strategy continues to evolve to leverage emerging technologies for the improvement of the human race while generating compounding returns for its stakeholders.
About CryptoSX
Empowered by world-leading technologies, CryptoSX is building a cutting-edge crypto exchange platform for STO backed by Fiat/Crypto conversion capabilities. The exchange is the preferred digital platform for companies wishing to tokenize their assets, issue, and trade security tokens. CryptoSX is compliant with all applicable financial and virtual exchange policies and regulation of the Philippine government under CEZA (Cagayan Economic Zone Authority). The exchange platform was awarded a Full Principal License by CEZA in 2018. Since then, CryptoSX have been working very closely with CEZA to further develop and enhance STO listing procedures, as well as compliance and reporting requirements.
Headquartered in Kuala Lumpur, Greenpro Capital Corp. (NASDAQ:GRNQ), a Nevada corporation, with strategic offices across Asia, is a business incubator with a diversified business portfolio comprising finance, technology, banking, CryptoSx for STOs, health and wellness and fine art. The comprehensive range of cross-border business services include, but are not limited to, trust and wealth management, listing advisory services, transaction services, cross-border business solutions, record management services, accounting outsourcing services and tax advisory services. We also operate venture capital businesses, including business development for start-ups and high growth companies, covering finance, technology, FinTech, and health and wellness. For further information regarding the Company, please visit http://www.greenprocapital.com.
Forward-Looking Statements This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company’s financial position and business strategy. The words or phrases “plans,” “would be,” “will allow,” “intends to,” “may result,” “are expected to,” “will continue,” “anticipates,” “expects,” “estimate,” “project,” “indicate,” “could,” “potentially,” “should,” “believe,” “think,” “considers” or similar expressions are intended to identify “forward-looking statements.” These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of local, regional, and global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Gilbert Loke, CFO, Director Greenpro Capital Corp. Email: [email protected] Phone: +852-3111 7718
Contact: Dennis Burns. Investor Relations. Tel (567) 237-4132 [email protected]
The funds raised will go towards the expansion of the existing pre-processing facilities in Lao PDR and to build the Centre of Excellence facility in Singapore to process the 100,000 trees.
The tokenised offering will be known as Liquid Gold (Ticker code : LQGO) and is expected to be listed by end of July 2021on CEZA licensed, Cryptosx Digital Asset Exchange (https://cryptosx.io).
The entire crop of 100,000 Agarwood trees will be insured by international ‘A’ rated insurers from Europe to mitigate the risks against losses from natural disasters, theft, malicious damage, etc.
The global market for agarwood is estimated between USD15-16 billion and is rapidly growing as the current supply can barely meet 30% of the global demand. The company is focused on the following three key market segments:
Middle East Usage: Wellness / Daily Products / Religious and Cultural Usage
Europe Usage: Main stream perfumers as a base note in fragrances
North Asia Usage: Medicinal (Traditional Chinese Medicine), Wellness (Aromatherapy, Tea, incense), Lifestyle Products
Based on its estimated output of existing agarwood plantation in Lao PDR, the company is expected to achieve a projected sales of USD200 million in 5 years.
Link Capital Group is honoured to announce the addition of two highly respected individuals to its panel of strategic advisors:
Mr Teng Theng Dar, Director of Business Compass Consultancy &
Mr Chong Kok Kee, Angel Investor & Board Advisor.
Both gentlemen are highly respected business individuals and their addition to our panel of advisors will lend expertise, insights and guidance to help us accelerate our business goals. (Read more: https://www.linkcapitalsg.com/core-team).
Interested parties are welcome to contact us for more information on how to participate in this exciting opportunity at: https://www.linkcapitalsg.com/contact.
Link Capital is a Singapore-based agri-tech company that is poised to become one of the leading producers of agarwood products in Asia. It is committed to capture this unique market in a sustainable and responsible manner.
Link Capital is on a mission to transform ASEAN agarwood plantations into valuable agri-tech industries, plugged into the global supply chain to meet increasing demand for quality healthcare and lifestyle products. This will enable stakeholders like the local Governments and communities to improve per capital income and achieve sustainable development goals.
About Cryptosx
With the empowerment of world-leading technologies, Cryptosx is building a cutting-edge crypto exchange platform for Security Token Offering (‘STO’) backed by Fiat/Crypto conversion capabilities. Cryptosx is compliant with all of the applicable financial and virtual exchange policies and regulations of the Philippine government under CEZA (Cagayan Economic Zone Authority). Cryptosx was awarded a Full Principal License by CEZA in 2018.
LAS VEGAS, NC / ACCESSWIRE / June 17, 2021 / FirstShot Centers, LLC ‘FirstShot’ began trading June 3, 2021 on www.cryptosx.io, CryptoSX Digital Asset Exchange in the Asia Pacific cryptomarket place, ticker symbol FST and has seen significant volumes and price increases.
FirstShot’s business model is to acquire and manage vacant shopping centers and big box stores throughout the United States. These properties are to be repurposed to entertainment and themed centers for a specialized business sector with a revenue generating strategy in place. Competition from online shopping sites have contributed to the square footage equivalent of more than 10,000 empty and available malls and big box stores. Distressed purchase prices can be a fraction of replacement costs.
With the empowerment of world-leading technologies, Cryptosx has built a cutting-edge platform for Security Token Offerings (STOs) backed by Fiat/Crypto conversion capabilities. Cryptosx is compliant with all of the applicable financial and virtual exchange policies and regulations of the Philippine Government under CEZA (Cagayan Economic Zone Authority) ‘Rules on Digital Asset and Token Offerings’ Supplement to CEZA Financial Technology Solutions and Offshore Virtual Currency Business Rules and Regulations of 2018 (‘CEZAFTSOVCBRR of 2018’). CryptoSX was awarded a Full Principal License by CEZA in 2018.
Cautionary Statement
No securities regulatory authority, digital assets securities exchange or stock exchange has approved or disapproved of the informationcontained in this news release or accepts responsibility for the adequacy or accuracy of this release. This material contains ‘forward lookingstatements’ within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. FirstShotundertakes no obligation to revise these forward-looking statements to reflect events or circumstances that arise after the posting of this materialand in no way guarantees the accuracy of this information at any time in the future.
With the empowerment of world-leading technologies, Cryptosx has built a cutting-edge platform for Security Token Offerings (STOs) backed by Fiat/Crypto conversion capabilities. Cryptosx is compliant with all of the applicable financial and virtual exchange policies and regulations of the Philippine Government under CEZA (Cagayan Economic Zone Authority) ‘Rules on Digital Asset and Token Offerings’ Supplement to CEZA Financial Technology Solutions and Offshore Virtual Currency Business Rules and Regulations of 2018 (‘CEZAFTSOVCBRR of 2018’). CryptoSX was awarded a Full Principal License by CEZA in 2018.
Cautionary Statement
No securities regulatory authority, digital assets securities exchange or stock exchange has approved or disapproved of the informationcontained in this news release or accepts responsibility for the adequacy or accuracy of this release. This material contains ‘forward lookingstatements’ within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. FirstShotundertakes no obligation to revise these forward-looking statements to reflect events or circumstances that arise after the posting of this materialand in no way guarantees the accuracy of this information at any time in the future.
Excited to share the forum with ASTRI, E&Y and Bowtie to discuss with City University MBA students on Fintech Talent Development. And to show them why Blockchains are going to reshape the global economy and reset the global competitive landscape. #fintech #startup #innovation #talent #university #blockchain #cryptocurrency
CryptoSX Digital Asset Exchange and Covario jointly announced a collaboration to develop digital assets management services that include Security Token Offering (STO), digital asset trading, and digital wealth management.
Covario’s Prime Brokerage platform provides comprehensive direct and OTC agency trading, algorithmic trading, clearing, financing, and custody solutions complemented by a professional team with decades of experience building large-scale trading systems with a deep understanding of asset management industry. Developed with the needs of our institutional clients in our minds; our services combine asset protection and global reach with operational ease and efficiency.
“We are grateful for the opportunity to support the growth of this new and exciting asset class. STOs have come a long way over the past few years, and CryptoSX have been a great partner for us. CryptoSX is regulated & compliant operating practices that match our own and that of our institutional client base. Along with the development of the DeFi space, the STO market is one of the great new paradigms offered by blockchain technology. and we’re happy to be part of it.” Mark Banner, Covario Co-Founder.
CryptoSX has completed 4 STO listings to professional and accredited investors over the past 12 months, covering rare Scottish single malt cask investment fund, copper mining in Peru, and biotech/agriculture in Cambodia. CryptoSX expects to list another 10 STO in 2021 including Resort properties, commercial real estate, agritech, solar energy, rare gemstone, gold, fintech incubation projects in the US, Australia, Hong Kong, Philippines, Laos, Africa, etc.
CryptoSX is bringing secondary liquidity to traditionally illiquid asset classes. The First Bullion platform is the premier market for primary issuance and secondary trading of tokenized assets.
“Covario prime brokerage is a best-in-class digital asset manager leveraging the highly successful Telegram social media platform to extend their services to institutional investors. Covario’s strong European ties and network will benefit from CryptoSX existing and growing STO pipeline and open up a new asset class of digital tokens.” Philip Tam, CryptoSX Founder.
About Covario
Based in Switzerland, Covario AG is an independent prime broker for digital asset managers. It offers trade execution services including direct market access, best execution, and OTC trading, alongside lending, margin financing, custody, and capital introduction. The team unites decades of experience building large-scale trading and risk management systems with a deep understanding of the asset management industry.
Empowered by world-leading technologies, CryptoSX is building a cutting-edge crypto exchange platform for STO backed by Fiat/Crypto conversion capabilities. The exchange is the preferred digital platform for companies wishing to tokenize their assets, issue, and trade security tokens. CryptoSX is compliant with all applicable financial and virtual exchange policies and regulation of the Philippine government under CEZA (Cagayan Economic Zone Authority). The exchange platform was awarded a Full Principal License by CEZA in 2018. Since then, CryptoSX have been working very closely with CEZA to further develop and enhance STO listing procedures, as well as compliance and reporting requirements.
BTC bulls eye $50,000+ as data show Bitcoin liquidity supply
Speculation from crypto analysts and industry experts suggests that Bitcoin’s long term value could reach over $100,000 to as much as one million dollars per BTC in the future.
Morgan Stanley to consider Bitcoin for $150 billion investment wing
Ethereum significantly outperformed bitcoin for January (+77%) on anticipation of an upcoming listing on the US Chicago futures market and DeFi growth
Polkadot has been one of the best performing crypto assets of late and recently moved into the top-5 crypto assets in total market value at ~$20b at present
Bitcoin and Ethereum make new all-time highs while traditional markets wobble
In January crypto continued its strong Q4 2020 momentum with bitcoin setting a new all-time high at just under $49404 on Valentine’s Day, a whisker away from $50K! Ethereum (ETH) had an even more impressive run in 2021 to today at +146%. Both are up around 1,000% over the last two years with Ethereum now outperforming Bitcoin over that time period.
Over the last week a torrent of enthusiasm has broken down the floodgates keeping Bitcoin out of ‘the system’ in the West. Tesla,Mastercard and Visa are all welcoming Bitcoin and cryptocurrencies (though central banks still insist it’s not cool), as well as leading mainstreamculturemagazines, making it clear that we’ve started that stage of the current bull run- where everyone wants to join the party.
Institutional investors rapidly gobbling up Bitcoin, and at the time of writing, nearly 3% of BTC in circulation are locked up in long-term holdings by these investors.
Data shows that 24 entities have amassed more than 460,500 BTC, which is equivalent to $22 billion at Bitcoin’s current price. The current list of holders includes MtGox, which has close to 141,690 BTC ($6.6 billion). Next is Block.one with an estimated 140,000 BTC $6.5 billion). MicroStrategy also has about 71,000 BTC ( $3.3 billion) and this week Tesla bought 38,500 BTC (about $1.8 billion).
Analysts now expect that holding Bitcoin in treasury will soon become a corporate standard as there are multiple technical reasons for viewing Bitcoin as an inflation hedge.
Considering that over 60% of the Bitcoin supply hasn’t moved in more than a year, a $300 billion inflow is nearly unimaginable for an asset with a $355 billion free float.
Moreover, newly minted BTC by miners adds up to 341,640 annually, a mere $16.3 billion. Therefore it is safe to conclude that the steady allocation of BTC to corporate treasuries could more than double the current price of Bitcoin.
Traditional markets
Global stocks began the week with gains amid signs that reflation trade has further to run as the pace of coronavirus outbreaks began to slow. WTI crude breached $60 dollars a barrel as an arctic freeze gripped parts of the U.S.
South Korean and Japanese shares led Asia higher, with the Nikkei 225 hitting 30,000 for the first time since 1990. Data showed Japan’s economy grew by double-digits last quarter, beating expectations. S&P 500 and European futures pointed to gains. U.S. markets are shut for Presidents’ Day, while exchanges in China, Hong Kong and Taiwan are also closed on Monday. The dollar retreated.
Australian bonds slumped after U.S. yields jumped Friday. Treasury futures dipped in Asia trading. The pound jumped to the highest since April 2018.
Investors are banking on U.S. government spending and the coronavirus vaccine rollout to boost the economic recovery, though new variants are threatening to temper the outlook.
Countries easing restrictions include Malaysia, which will allow national football and hockey leagues to start training. Hong Kong will permit restaurant dining and relax other social-distancing rules after the lunar new year holidays. New U.S. cases declined to the lowest week-to-week average since late October.
SPECIAL EDITORIAL
Bitcoin is a decentralized financial technology that could
replace fiat currencies, price predictions from experts reach as much as $1M.
Experts Share Their Thoughts on Bitcoin Future
Max Keiser, Financial Analyst and Host of The Keiser Report
Robert Kiyosaki, Entrepreneur, Investors, and Best-Selling Author
Keiser is one of Bitcoin’s most outspoken bull, calling for $100,000 since the asset was trading at just $1. His new $100,000 target though is for the end of 2020, meanwhile, $400,000 is a long-term goal due to the coronavirus and a comparison to gold.
Kiyosaki, New York Times bestselling author of “Rich Dad, Poor Dad” has been recommending his followers to buy Bitcoin and. He projects gold to reach $3,000 an ounce, and Bitcoin to reach $75,000 within the next three years.
Adam Back, Bitcoin Developer and CEO at Blockstream
“BTC might not require additional institutional adoption to reach $300,000 because the current economics and state of society is causing more individuals to think about hedging and retaining value when there’s a lot of money printing in the world,” Back told Bloomberg.
Plan B’s Stock-to-Flow Model Based on Scarcity
The popular Stock-to-Flow model created by Bitcoin expert Plan B which uses the asset’s digital scarcity to estimate price valuations in the future. The model shows Bitcoin reaching as high as $288,000 in the next cycle peak, which should take place over the next couple of years.
Technical Analysis and Forecast on BTC
Crypto analysts often perform technical analysis to predict price movements over time. Here are some of the best technical analysis from the industry’s best analysts in order to further help understand how high Bitcoin can go.
2021 – The cryptocurrency is breaking out into a new bull run and has gone parabolic. Prices could reach $100,000 to $325,000 this year.
2022 – 2023 Following a similar trajectory as the last cycle, Bitcoin would top out around $325,000 then could drop to where the asset is consolidating at currently around $35,000.
2024 -2025 And just like a new bull market started and the bubble pattern began again right after each hard-coded halving, another one is due towards the end of 2024 and into 2025, giving Bitcoin a unique four-year market cycle.
The below prediction chart outlines some of the minimum and maximum BTC price forecasts offered by technical analysts and industry experts in an easy to digest format.
Year
High
Low
2021
$325,000
$17,000
2022
$275,000
$42,000
2023
$145,000
$63,000
2024-2025+
$1,000,000
$275,000
Philip Tam
Co-founder
Sources/Reference
coindesk, CoinMarketCap, Coincodex, Cointelegraph, PRIME XBT
CAGAYAN, PHILIPPINES / ACCESSWIRE / January 15, 2021 / Tinaga Island Resort STO will be the first implementation of Ravencoin protocol in a security token offering involving ownership of prime beach front real estate in the Philippine island of Tinaga and income from the sale of villas, hotel operations and appreciating asset value. TIRC is the unique token name and is expected to be listed on Cryptosx during Q1 2021.
Tinaga Team leader, Daniel Mckinney said: “We chose Cryptosx as our 1st trading exchange for our token because we believe Cryptosx is becoming the OTC trading center for world-wide tokens. This is the beginning of the beginning!
Cryptosx has been working for several months with Tron Black, Ravencoin Lead Developer and with AlphaPoint, an exchange software provider, on the integration of Ravencoin protocol to ensure our suite of token life cycle management tools work seamlessly and efficiently on each transaction in accordance with our compliance requirements.
“I’m excited to see the open-source decentralized Ravencoin tokenization platform used to securely record ownership. With AlphaPoint becoming Ravencoin asset aware and support from Cryptosx, this opens up opportunities for more projects to tokenize on Ravencoin”, claimed Tron Black, President of Ravencoin Foundation.
“We are a highly focused trading platform for security tokens and understand that we need to continuously improve functionalities and cost/benefits attributes for our clients and investors. Ravencoin came onto our radar in early 2020 as we began to examine alternative tokenization protocols’ said Founder of Cryptosx, Philip Tam.
Ravencoin was created in 2017 as a fork of the open-source Bitcoin code as a way to hold assets digitally and transfer them easily between parties. That was the specific use case Ravencoin was designed for and is a truly open source project (no ICO or master nodes).
Two very important characteristics or features of Ravencoin assets are (1) the ability to acquire a Unique Name to prevent fraud and spoofing and (2) the cost to transfer is much cheaper than ERC-20 or extended ERC-20 smart contracts. So many blockchain projects try to pretend they can solve every problem, or try to offer a use-case for every scenario. Ravencoin is different because it’s focused on doing one thing right – tokenized asset transfers.
“Tinaga is the first Ravencoin based STO and we are all very excited to be part of this journey. We do expect to see more adoption in 2021 following the completion of the Ravencoin code audit and interested projects in our pipeline,” concluded Philip Tam.
About Ravencoin
Ravencoin (RVN) is a decentralized peer-to-peer network designed to efficiently handle the transfer of assets from one party to another. Built on a fork of the Bitcoin code, the proof-of-work Ravencoin platform was launched January 3rd, 2018 and is a truly open source project (no ICO, no pre-mine, no masternodes). It focuses on building a useful technology, with a strong and growing community.
Tinaga Resorts Corp “TRC” is a Philippine corporation implementing the latest environmental technology, combining green development with responsible eco-tourism and is exercising responsible stewardship over its natural environment. Tinaga island is a showcase of pristine clear blue water and unspoiled virgin white sand beaches. In recognition of a 100% green sustainable development, TRC strives to maintain a delicate balance between achieving tourism development goals and conserving the islands fragile environment. www.tinagaislandresort.com
AlphaPoint is a financial technology company powering digital asset exchanges and brokerages worldwide. Through its secure, scalable, and customizable digital asset trading platform, AlphaPoint has enabled over 150 customers in 35 countries to launch and operate digital asset markets, as well as digitize assets. AlphaPoint and its award winning blockchain technology have helped start-ups and institutions discover and execute their blockchain strategies since 2013.
With the empowerment of world-leading technologies, CryptoSX is building a cutting edge crypto exchange platform for STOs backed by Fiat/Crypto conversion capabilities. They are significantly involved in assisting companies in STO primary listings, STO secondary trading and to develop and launch a substantial decentralized finance “DeFi” business, including crypto lending. CryptoSX is compliant with all of the applicable financial and virtual exchange policies and regulations of the Philippine government under CEZA (Cagayan Economic Zone Authority).
For more information on CryptoSX please visit: www.cryptosx.io.
