VCI Global Limited (NASDAQ: VCIG) has taken a significant leap into the digital-asset space by announcing a high-scale crypto treasury initiative combined with a strategic partnership with payments platform Oobit, backed by Tether Investment Limited. The move signals the company’s ambition to integrate a digital-asset reserve strategy while deepening ties with a crypto payments ecosystem.

Strategic partnership and treasury move

In a recent disclosure, VCI Global revealed it had acquired approximately US $100 million in OOB tokens and was appointed as the Treasury Manager of the OOB Foundation, in collaboration with Oobit.
Finviz
+1
The OOB token will serve as the utility and incentive token within the Oobit ecosystem, which enables crypto-enabled tap-to-pay transactions, cross-border remittances and loyalty reward structures.
Finviz

Following this transaction, Tether — the stable-coin issuer with more than US$180 billion in circulation — is expected to become the largest shareholder of VCI Global.
Finviz
This association places the Nasdaq-listed company in close alignment with both fintech payments and crypto-asset reserve strategy.

What it means for VCI’s treasury and digital-asset rollout

VCI Global plans to integrate the OOB token into its newly established Digital Treasury Division and link the token’s utility across its platform interests in artificial intelligence, fintech and sovereign data infrastructure.
Finviz
The company has already been active in building a “Bitcoin treasury reserve” and sovereign AI/crypto infrastructure platform. For example, earlier in August 2025 it disclosed a convertible note financing with US$20 million earmarked for Bitcoin acquisition.
Nasdaq
+1

This dual-strategy of treasury diversification — acquiring crypto tokens and forming strategic partnerships — reflects the broader institutional trend toward incorporating digital assets on the balance sheet. For VCI, the move into Oobit links treasury management with operational utility of crypto-payments, rather than solely holding digital assets.

Why the Oobit partnership stands out

Oobit is a payments-platform startup that allows users to pay in crypto-assets at merchant POS terminals while enabling merchants to receive fiat. It is backed by Tether, with strong investor backing including CMCC Global and Anatoly Yakovenko (co-founder of Solana).
Reuters
+1
By aligning with Oobit, VCI gains exposure to the fast-growing crypto-payments infrastructure and stable-coin ecosystem.

The OOB token’s role within Oobit’s payments ecosystem — covering tap-to-pay, cross-border remittances and multi-chain interoperability — suggests VCI’s treasury assets may increasingly serve utility functions, not just speculative holdings.
Finviz

Risks and things to watch

While the strategic ambition is clear, several risks and caveats apply:

Volatility and regulatory risk: Crypto-asset reserves remain subject to market swings, regulatory scrutiny and liquidity constraints.

Execution risk: Integrating token utility across VCI’s platform and achieving meaningful adoption of Oobit payments services are no small feats.

Governance and concentration: With Tether emerging as a large shareholder and complex token-economy mechanics in play, transparency around treasury governance will be key.

Market perception: VCI’s stock and treasury strategies might be scrutinised by investors wary of crypto-treasury models and speculative token allocations.

Outlook

VCI Global’s move marks an important example of how publicly-traded companies are combining digital-asset reserves with fintech payments ventures. By backing Oobit and acquiring OOB tokens, VCI has positioned itself at the intersection of treasury innovation and crypto payments infrastructure. Whether this leads to sustainable value creation will depend on adoption of token-based payments, regulatory clarity in the stable-coin and payments space, and deployment efficacy of the treasury strategy.

In short, VCI Global is making a bold leap into crypto-encoded finance and payments — and the upcoming quarters will tell whether this strategy delivers the utility and growth the company envisions.