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VCI Global Awarded US$200 Million RWA Consultancy Mandate for Bridge Gold Stablecoin
Smart Bridge to Develop Fully Allocated, Big Four-Audited Gold-Backed Digital Asset with Multi-Currency Settlement Capabilities Across USD, EUR, and SGD KUALA
About this update from Vci Global Limited
[{"type":"text","content":"Smart Bridge to Develop Fully Allocated, Big Four-Audited Gold-Backed Digital Asset with Multi-Currency Settlement Capabilities Across USD, EUR, and SGD\nKUALA LUMPUR, Malaysia, Dec. 02, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that is bas been awarded a US$200 million Real-World Asset (RWA) consultancy mandate to architect and develop Bridge Gold, an institutional-grade stablecoin fully backed by audited, bank-vault-stored physical gold. The mandate will be executed by Smart Bridge Technologies Limited (“Smart Bridge”), VCI Global’s wholly owned subsidiary specializing in digital asset infrastructure, tokenization frameworks, and enterprise-grade settlement systems. The mandate comes at a time when the global market for tokenized real-world assets is expanding rapidly. As of June 2025, the RWA market excluding stablecoins surpassed US$24 billion, reflecting nearly fivefold growth over the past three years, according to CoinDesk. Rising institutional demand for asset-backed digital instruments creates an opportunity for Bridge Gold to position VCI Global at the forefront of the next phase of RWA innovation. The stablecoin will be fully audited, gold-backed, and multi-currency enabled, targeting a market projected to grow into the multi-trillion-dollar range. Bridge Gold: A Fully Allocated, Audit-Backed Digital Gold Asset Bridge Gold will be structured as a physical gold-backed stablecoin, where each token represents allocated and independently verified gold bars. Key design attributes include: Institutional-Grade Physical Custody Gold reserves will be held in bank-grade vaults located in Switzerland and Singapore. Big Four Audit Assurance All gold holdings will be subject to periodic independent verification by a Big Four-tier auditing firm, ensuring custody integrity and transparency. Multi-Currency Settlement Infrastructure Bridge Gold will support USD, EUR, and SGD transactions, enabling cross-border payments, treasury operations, and global institutional use. The project is scheduled to begin in Q2 next year. Smart Bridge will lead the full implementation, including RWA structuring and compliance, smart contract design, vault and custody integration, audit attestation, multi-currency settlement rails, and institutional onboarding with treasury infrastructure. ...