VCI Global (VCIG) Limited announced that Tether, a stablecoin issuer, will become the largest shareholder of VCIG following the completion of a $100 million OOB token digital asset treasury transaction. Tether has a market capitalization of approximately $180 billion and holds tens of billions of U.S. Treasury bills and cash equivalents in reserve. Following the transaction, VCIG will integrate the OOB token within its $100 million digital treasury initiative to support future AI, fintech and blockchain projects under its Nasdaq-listed governance framework.
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