VCI International, a Malaysian-based expertise and consulting firm that builds platforms throughout synthetic intelligence, cybersecurity, and fintech, has formally unveiled its plans to enter the crypto funds enviornment by buying $100 million value of OOB tokens at the moment. In keeping with the most recent stories, VCI International has initiated this to increase its digital finance footprint. On Tuesday, VCI International confirmed its plan to buy $100 million value of OOB tokens, the native asset of Oobit, a Tether-backed crypto funds firm, by way of its official social media pages and press releases. 

Dato’ Victor Hoo, Group Govt Chairman and Chief Govt Officer of VCI International, said that the event reinforces their long-term dedication to constructing a cross-sector platform that advances expertise, AI, digital belongings, and trade functions by way of the capital markets. He emphasised that they intention to create sustainable worth by bridging innovation with real-world development.             

In keeping with the most recent stories, the Malaysian-based fintech firm has already acquired $50 million value of OOB tokens through a restricted share issuance to the OOB Basis. The remainder of the $50 million tokens concerned within the deal might be bought on the secondary market as soon as the token goes public. After sealing the deal, VCI International additionally confirmed that Tether, the biggest stablecoin issuer on this planet, will turn out to be its largest shareholder. The newest stories affirm that VCI goals to introduce a digital treasury division to manage its crypto holdings and merge the bought OOB tokens with its superior AI and fintech platforms.

Moshe Schisser, Chairman of OOBIT, stated that they weren’t merely finishing a digital-asset transaction and that VCIG was a well-rounded platform advancing a number of sectors, from AI to finance to infrastructure. He added that this mix offered super potential to speed up development and increase the real-world utility of their ecosystem. Oobit is presently within the final levels of rebranding its native token from OBT to OBB, they usually plan to change from Ethereum to Solana as effectively. The official launch is scheduled for at the moment (November 12).   

Tether Is All Set to Turn out to be the Largest Shareholder of Malaysia-Primarily based VCI International

VCI International (NASDAQ: VCIG) has formally introduced that Tether, the biggest stablecoin issuer, is all set to turn out to be VCIG’s largest shareholder after the $100 million OOB token digital-asset-treasury transaction deal between the 2 events was sealed on November 11, 2025. The press launch said that following the transaction, Tether, by way of its holdings in OOBIT, was anticipated to turn out to be the biggest shareholder of VCI International, alongside trade leaders together with Solana co-founder Anatoly Yakovenko, CMCC International, and 468 Capital. Other than being the biggest shareholder, the OOB token can also be appointed as Treasury Supervisor for the OOB digital-asset ecosystem. 

VCI International has already unveiled its plans to introduce a digital treasury division to handle its crypto holdings and merge the OOB token into its AI, fintech, and sovereign knowledge platforms. This newest initiative from the fintech will mark the start of an bold entry into the digital asset sector up to now. VCI International, the Nasdaq-listed agency, lately carried out a direct providing on October 31, promoting shares at $1.80 every, and reportedly raised $5 million.         

Regardless of the OOB buy momentum, VCI International Restricted (VCIG) inventory skilled a big drop on Tuesday. In keeping with the most recent info, on November 11, 2025, VCI International inventory fell round 26.55% from its earlier shut of $1.77 to $1.30. The inventory opened at $2.205 and traded inside a day vary of $1.29 to $2.205 on the identical day. Market specialists opined that the steep decline was pushed largely by the corporate’s announcement of a registered direct providing, which raised $5 million by way of the sale of two.778 million shares at $1.80 per share, geared toward funding working capital and normal company functions.  

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