Business
Treasure Global Strategically Collaborates with VCI Global and Cogia to Rollout VCIG Secure Cogia Messenger Integrated with Cryptocurrency Wallet for ZCITY’s 3 Million Users
NEW YORK and KUALA LUMPUR, Malaysia, July 16, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“Treasure Global” or the “Company”), a leading
About this update from Treasure Global Inc.
[{"type":"text","content":"NEW YORK and KUALA LUMPUR, Malaysia, July 16, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“Treasure Global” or the “Company”), a leading technology solutions provider, is thrilled to announce its collaboration with VCI Global Limited (NASDAQ: VCIG) (“VCIG”) and Cogia AG (“Cogia”) to strategically plan the rollout of VCIG Secure Cogia Messenger, an integrated secure messenger application with a cryptocurrency wallet for the ZCITY App, enhancing communication and financial services for ZCITY’s 3 million users. The strategic rollout introduces the VCIG Secure Cogia Messenger, a secure messenger application that combines military-grade encryption with an integrated cryptocurrency wallet. This initiative initially targets Treasure Global's 3 million ZCITY users, aiming to achieve 1 million active users rapidly. It effectively addresses the needs of unbanked populations by providing both secure communication and financial services, while also offering a robust alternative to existing messaging platforms, significantly enhancing user privacy and financial functionalities. “Our ZCITY Super App is to be a unique digital ecosystem that revolutionizes and simplifies the e-payment experience for consumers through advanced AI-powered features. We are excited to offer our ZCITY users this innovative secure messaging and payment solution. This aligns perfectly with our mission to enhance the digital lives of our users and provide them with valuable, cutting-edge services,\" said Carlson Thow, CEO of Treasure Global Inc. The integrated cryptocurrency wallet allows ZCITY’s users to efficiently send, receive, and store digital assets, including cryptocurrency rewards, facilitate secure communication within the ZCITY community, and enhance privacy, positioning it as a comprehensive solution for secure communication and seamless financial transactions. Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global, said, \"This rollout marks a significant milestone in our partnership with Cogia AG and Treasure Global Inc. By combining secure messaging with integrated cryptocurrency functionality, we're providing a comprehensive solution that addresses both communication privacy and financial inclusion.” This strategic initiative leverages VCI Global's expertise and Cogia AG's advanced secure messaging technolog...