Treasure Global Accelerates Launch of OXI Wallet, Secures First Corporate Client, and Eyes 100x Growth

Core Insights - Treasure Global Inc. has accelerated the launch of its OXI wallet, originally scheduled for 1H 2026, and has secured its first corporate client, Legacy Trustee Berhad, which purchased 1,000 Visa cards, generating USD 120,000 in confirmed revenue [1][5] - The OXI wallet aims to onboard 100,000 users by the end of the first year, potentially generating over USD 100 million in total revenue, indicating a 100x growth potential [2][4] - The company has entered into heads of terms for acquiring a 51% equity interest in Quarters Elite Advisory Sdn. Bhd., which manages approximately USD 150 million in client assets, enhancing its distribution capabilities [3][5] Company Strategy - The early launch of OXI wallet and the acquisition of Quarters Elite are part of the company's growth strategy to improve market penetration and accelerate corporate client onboarding [3][5] - OXI wallet supports major blockchain networks and adheres to international KYC and AML standards, featuring an AI-powered portfolio assistant for personalized insights [5][6] - The company expects OXI wallet to contribute significantly to its long-term digital asset strategy, including opportunities in payments, asset tokenization, and broader blockchain-enabled financial services [6] Market Position - Treasure Global is positioned as a key player in Malaysia's digital economy, with its flagship product, the ZCITY Super App, attracting over 2.7 million registered users as of June 2025 [7] - The combination of Legacy Trustee Berhad's reach and Quarters Elite's advisor network is expected to enhance the onboarding of OXI wallet users and generate substantial revenue [4][5]