VCI Global Awarded US$200 Million RWA Consultancy Mandate for Bridge Gold Stablecoin

Core Insights - VCI Global Limited has been awarded a US$200 million consultancy mandate to develop Bridge Gold, a fully allocated, gold-backed digital asset with multi-currency settlement capabilities [1][2][5] - The global market for tokenized real-world assets (RWA) is rapidly expanding, with the RWA market exceeding US$24 billion as of June 2025, indicating significant growth potential [2][7] Company Overview - Smart Bridge Technologies Limited, a wholly owned subsidiary of VCI Global, will lead the implementation of the Bridge Gold project, focusing on digital asset infrastructure and tokenization frameworks [1][4][8] - VCI Global aims to bridge traditional finance and Web3, positioning itself as a leader in real-asset tokenization infrastructure [7][9] Project Details - Bridge Gold will be structured as a physical gold-backed stablecoin, with gold reserves held in bank-grade vaults in Switzerland and Singapore, and subject to Big Four audit assurance [3][4] - The project is set to begin in Q2 of the following year, encompassing RWA structuring, compliance, smart contract design, and institutional onboarding [4][5] Market Potential - The stablecoin is designed to meet rising institutional demand for asset-backed digital instruments, targeting a market projected to grow into the multi-trillion-dollar range [2][7] - The revenue model for VCI Global includes consultancy fees, infrastructure deployment fees, and recurring maintenance and audit services associated with the Bridge Gold ecosystem [6][4]