Tether-Backed OOBIT Token Trading Live on Kraken; VCI Global Reports US$109.8 Million Unrealized Gai
VCIG Acquired 250 Million OOB Tokens at US$0.20 Per Token Under Its US$100 Million Digital-Treasury Framework. As of 12.00 A.M. ET, OOB Traded at Approximately US$640 Million Fully Diluted Valuation on Kraken
KUALA LUMPUR, Malaysia, Nov. 13, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that the OOB token is now trading on Kraken, one of the world's longest-standing and fully regulated digital-asset exchanges.
This announcement builds on VCI Global's earlier disclosures regarding its US$100 million digital treasury allocation and its strategic partnership with OOBIT, under which VCI Global was appointed as the Treasury Manager of the OOB Foundation.
Under the framework, VCI Global acquired 250 million OOB Tokens for US$50 million (US$0.20 per token). As of 12:00 a.m. Eastern Time, the OOB Token was trading at approximately US$0.64 on Kraken, representing an unrealized gain of US$109.8 million on VCI Global's holdings.
VCI Global's acquisition reflects a deliberate pivot toward embedding digital assets in corporate treasury management as part of a broader institutional adoption trend. The Company's structured allocation model is designed to capture upside potential while maintaining liquidity, transparency, and regulatory alignment. As noted in VCIG's previous announcements, the Company's digital treasury strategy is positioned to scale in tandem with the growing adoption of blockchain-enabled payment technologies.
“VCIG's investment in OOB demonstrates that utility tokens with real-world usage and institutional-grade oversight are maturing into strategic treasury assets. We are executing on a disciplined allocation model focused on long-term value creation for shareholders,” said Dato' Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
OOBIT delivers a decentralized payments ecosystem enabling instant cross-border settlement and multi-chain interoperability. Backed by Tether Investment Limited (“Tether”), the issuer of the USDT stablecoin, OOBIT is integrating crypto payments into everyday commerce while maintaining institutional compliance and audit standards. The OOB Token's trading debut on Kraken highlights growing market confidence in OOBIT's model and technology.
“The strong early performance of OOB on Kraken reflects the growing confidence in utility tokens backed by real products and institutional transparency. Together with VCI Global's treasury partnership, OOBIT is expanding crypto payments into everyday life,” said Amram Adar, Founder and CEO of OOBIT.
About VCI Global Limited
VCI Global Limited is a cross-sector platform builder at the forefront of technology and financial architecture. The Company focuses on developing and scaling platforms across artificial intelligence, encrypted data infrastructure, digital treasury systems, and next-generation capital market solutions.
By integrating technology innovation with financial ecosystems, VCI Global enables enterprises, governments, and institutions to capture opportunities in the evolving digital economy. The Company's strategy is centered on building scalable platforms that deliver resilience, efficiency, and long-term value across multiple high-growth sectors.
For more information on the Company, please log on to https://v-capital.co/.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These forward-looking statements are based only on our current beliefs, expectations, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company's ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company's products and the Company's customers' economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission (“SEC”). The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.
CONTACT INFORMATION:
For media queries, please contact:
VCI GLOBAL LIMITED
enquiries@v-capital.co
- 逆境中核心业务盈利稳增,体检数字化龙头锁定新增长曲线
- 11月6日杭州国际博览中心,第十八届亚洲果蔬产业博览会高能来袭
- 2024年世界绿色经济峰会举办高级别部长级圆桌会议
- 第七届中国家装职业技能大赛暨箭牌家居焕新消费季合肥赛区圆满落幕
- 19800元!九识智能E系列无人物流车正式上市,重新定义智慧物流
- 香港十大贵金属投资平台解析:明德金融 MTF Plus脱颖而出
- 代高政现身腾讯WeTV五周年High-Five生日派对,亲切互动获赞无数
- Constellation Brands Appoints E. Yuri Hermida as New EVP, Chief Growth & Strategy Officer
- 江奇霖加盟泡泡音乐节,影音双领域绽放引期待
- Tether-Backed OOBIT Token Trading Live on Kraken; VCI Global Reports US$109.8 Million Unrealized Gai
- 中国羊绒品牌巴黎首秀引热议?穿上藏里羊,才知道什么叫“高回头率”!
- 圆通国际快递(6123.HK)发布中期业绩,持续加速全球化布局
- 为什么长沙聪明的公司,都在悄悄搬进这种独栋办公楼?
- 郑立军受聘为尼日利亚驻华大使馆国学文化顾问
- 《道德经·老子复归》:在帛书尘埃中打捞道家真义
- Snail Games 与 Noiz 达成战略合作,于 TwitchCon 提升所发行产品组合的曝光度
- Tech Data Capital to Launch in Singapore, India, and Australia to Empower Partner Growth Through Fle
- Egon Zehnder收购领先资产与财富管理精品公司The Prince Houston Group,强化美国金融服务业务
- 打好夏粮收购的收官之战——农发行襄垣县支行擦亮“粮食银行”品牌
- “朱炳仁・铜”ד周大生”铜金跨界新品首发,以非遗焕新千年马文化
- 东京塔上的“双响乐章”:文化交融奏响新春序曲
- NIQ发布《2024年消费者展望综合报告》:把握全球趋势,洞察战略发展
- 王女士带领添亮科技:互联网 + 焕新广告行业活力!
- 首尔观光财团短剧《重生之我给爱豆当经纪人》火热上线,国庆假期看短剧、赢大奖!
- NEQSOL Holding宣布在“数字丝绸之路”项目的下一阶段建设连接欧亚的跨里海光纤电缆线路
- 重新定义玉瓷砖!欧神诺2024中国玉新品震撼上市
- 哈伊马角被评为全球最适合外籍人士“出国安居”的城市
- 随「蜂」入夏,寻香娇兰蜜境花园 法国娇兰携手全球品牌代言人杨洋共度Bee Garden主题之宴
- 棉花树童装以舒适、安全、高质价比重新定义婴幼儿服饰基本款
- Monclos邀请首尔人打造属于自己的美丽故事
推荐
-
一个“江浙沪人家的孩子已经不卷学习了”的新闻引发议论纷纷
星标★
来源:桌子的生活观(ID:zzdshg)
没
资讯
-
中央气象台连发四则气象灾害预警
暴雪橙色预警+冰冻橙色预警+大雾黄色预警+
资讯
-
奥运冠军刘翔更新社交账号晒出近照 时隔473天更新动态!
2月20日凌晨2点,奥运冠军刘翔更新社交账号晒
资讯
-
大家一起关注新疆乌什7.1级地震救援见闻
看到热气腾腾的抓饭马上就要出锅、村里大家
资讯
-
看新东方创始人俞敏洪如何回应董宇辉新号分流的?
(来源:中国证券报)
东方甄选净利润大幅下滑
资讯
-
透过数据看城乡居民医保“含金量” 缴费标准是否合理?
记者从国家医保局了解到,近期,全国大部分地区
资讯
-
男子“机闹”后航班取消,同机旅客准备集体起诉
1月4日,一男子大闹飞机致航班取消的新闻登上
资讯
-
海南大学生返校机票贵 有什么好的解决办法吗?
近日,有网友在“人民网领导留言板&rdqu
资讯
-
周星驰新片《少林女足》在台湾省举办海选,吸引了不少素人和足球爱好者前来参加
周星驰新片《少林女足》在台湾省举办海选,吸
资讯
-
新增供热能力3200万平方米 新疆最大热电联产项目开工
昨天(26日),新疆最大的热电联产项目—&md
资讯

