VCI Global Invests in OOBIT’s Payments Platform

Malaysia-based VCI Global, publicly traded on the Nasdaq (VCIG), has unveiled a bold investment plan. The company will acquire $100 million worth of OOB tokens, becoming the largest shareholder in OOBIT, a Singapore-based crypto payments platform established in 2017. Tether’s involvement is crucial: Tether holds the majority stake in VCI Global after acquiring ownership through its stake in OOBIT.