Browse Category

NASDAQ:VCIG News 30 October 2025 - 11 November 2025

VCI Global (VCIG) Buys $100M in OOB Tokens, Tapped as Oobit Treasury Manager

VCI Global (VCIG) Buys $100M in OOB Tokens, Tapped as Oobit Treasury Manager

VCI Global Limited (NASDAQ: VCIG) said today it has acquired approximately US$100 million (book value) in OOB tokens and has been appointed Treasury Manager for the Oobit (“OOB”) digital‑asset ecosystem, where Tether Investment Limited holds the largest stake. The company added that, following the transaction, Tether is expected to become VCI Global’s largest shareholder, alongside other prominent investors. GlobeNewswire Key takeaways What happened today In a morning news release, VCI Global detailed a strategic agreement that combines a sizable token position with an operational role at the core of Oobit’s treasury function. The move places VCIG inside a payments‑centric crypto
VCI Global Stock Skyrockets 88% on AI-Crypto Token News: Microcap VCIG Rallies Afterhours

VCI Global Stock Skyrockets 88% on AI-Crypto Token News: Microcap VCIG Rallies Afterhours

Crypto-Token Deal Sparks After-Hours Rally On Oct. 29 after the market closed, VCI Global (NASDAQ: VCIG) announced that its unit Smart Bridge Technologies will solely issue and manage 1 billion XVIQ tokens – a new digital asset for AI infrastructure, GPU cloud services and real-world assets globenewswire.com. The press release outlined how Smart Bridge will oversee token issuance, a treasury and liquidity (e.g. staking, reserve allocations) to generate fees from GPU services, cybersecurity, token settlement and more globenewswire.com. CEO Henry Chai said the mandate is “a pivotal step…[laying] the foundation for a digital financial infrastructure that connects AI, GPU, and real-world
Go toTop