VCI (US:VCIG) Globenewswire·2026-02-18 20:40Core Viewpoint - VCI Global Limited has entered a definitive agreement with Mezzofy to establish a Real-World Asset Digital Coupon Exchange, marking a significant step in its digital asset infrastructure strategy [1][2]. Group 1: Agreement Details - The agreement transitions VCI Global from platform development to commercial deployment, allowing direct participation in transaction-driven digital commerce [2]. - Smart Bridge Technologies and Mezzofy will jointly create a dedicated entity for a blockchain-enabled exchange focused on tokenized digital coupons and vouchers, with Smart Bridge retaining majority ownership [3]. - Mezzofy will contribute its enterprise merchant network and tokenization expertise, enhancing the exchange's operational capabilities [3]. Group 2: Market Opportunity - The global digital voucher and incentive market is a multi-hundred-billion-dollar ecosystem driven by enterprise marketing and loyalty programs [6]. - Most digital vouchers are currently confined within closed ecosystems, lacking a structured secondary market, which the new platform aims to address by enabling compliant tokenization and exchange-based trading [7]. - The collaboration is expected to unlock additional lifecycle value for enterprises, potentially increasing participation and ecosystem activity over time [8]. Group 3: Revenue Generation - The Exchange is anticipated to become a core infrastructure pillar for VCI Global, generating recurring transaction revenue, enterprise onboarding fees, and settlement infrastructure income streams as adoption scales [6]. - Potential monetization pathways include transaction-based fees from tokenized coupon trading and enterprise tokenization services [9]. Group 4: Strategic Positioning - The agreement establishes a structured governance framework with joint strategic oversight and milestone-based capital deployment to support disciplined scaling toward commercial launch [8]. - By integrating enterprise merchant distribution with blockchain settlement capabilities, VCI Global aims to scale recurring digital commerce revenues through infrastructure ownership [10].