GreenPro Capital Corp created a $100 Million Bitcoin Investment
Who is GreenPro Capital Corp? They are based in KUALA LUMPUR which is the capital city of Malaysia. They are known in the industry as GRNQ from their NASDAQ listing back in '18. There are also a business incubator with a diversified business portfolio comprising finance, technology, banking, CryptoSx for STOs, health and wellness and fine art. Having been in business for 30 years, while supporting businesses and High-Net-Worth-Individuals to capitalize and securitize their value on a global scale through the provision of cross-border business solutions, spinoffs on major stock exchanges and accounting outsourcing services to small and medium-size businesses located in Asia.
What has GRNQ done? They setup a $100MM fund for BTC investments, which is being called $BTC. They view BTC and ETH having better returns than other investments at this time.
So how did the market accept their new Fund creation? The value of their Corp doubled, so I would say it accepted it Well!
Summary - Another major equity institution firm bringing a % of their AUM to the Crypto world!
