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VCI Global Reaffirms Oobit Transaction as Ecosystem Partners Target Completion of OOB Digital Treasury Infrastructure by Q1 2026
The Oobit Ecosystem Includes Participation from Major Stablecoin Infrastructure Providers, Including Tether, Reinforcing the Institutional Orientation of the
About this update from Vci Global Limited
[{"type":"text","content":"The Oobit Ecosystem Includes Participation from Major Stablecoin Infrastructure Providers, Including Tether, Reinforcing the Institutional Orientation of the Digital Treasury Framework\nKUALA LUMPUR, Malaysia, Dec. 30, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified holding company with a strategic focus across digital infrastructure, artificial intelligence, and next-generation financial technologies, today reaffirmed that its previously disclosed transaction involving the Oobit ecosystem remains ongoing and consistent with the Company’s stated Data Asset Treasury (DAT) strategy, as ecosystem partners target completion of the OOB digital treasury infrastructure by the first quarter of 2026. The Company noted that the Oobit initiative is being developed as a long-term digital asset treasury and settlement infrastructure, designed to support scalable payment, stablecoin settlement, and institutional digital treasury functions, rather than a short-term transactional deployment. Upon completion of the OOB digital treasury infrastructure, VCI Global expects its participation to include a strategic holding of approximately 250 million OOB tokens, together with a planned acquisition of US$50 million worth of OOB tokens through secondary-market purchases, subject to market conditions, internal processes, and customary completion factors. This structure forms part of the Company’s broader Digital Asset Treasury (DAT) strategy. The Oobit ecosystem is intended to operate as an institutional-grade digital asset framework, with participation from established digital asset and stablecoin infrastructure providers, reflecting a shared focus on compliance, scalability, and long-term utility within the global digital asset economy. “We remain fully committed to working closely with VCIG to establish a truly institutional-grade digital asset treasury and settlement infrastructure. This effort reflects a long-term vision to build durable, compliant, and scalable digital asset foundations for the evolving global financial system,” said Moshe Schisser, Chairman of Oobit. This reaffirmation reflects VCI Global’s conviction in building durable digital asset infrastructure rather than pursuing isolated token investments. The Company believes this initiative further reinforces its strategic posit...