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