Treasure Global's ZCITY to Launch its own Mobile Virtual Network with AI-Powered Crypto Mining Capability, Riding the Wave of a US$135 Billion Market Opportunity by 2030

Core Viewpoint - Treasure Global Inc is entering a strategic collaboration with a leading telecommunications company to launch an AI-powered crypto mining service integrated with its subsidiary ZCITY's Mobile Virtual Network Operator (MVNO) offerings, creating a new revenue stream for the company [1][2]. Company Overview - Treasure Global is a Malaysian technology solutions provider that has developed innovative platforms, including the ZCITY App and TAZTE, aimed at enhancing digital payment experiences and providing management solutions for merchants [8]. Strategic Collaboration - The partnership will leverage ZCITY's advanced technology to integrate AI-driven crypto mining capabilities into MVNO services, allowing users to mine digital assets while using mobile services, thus merging telecommunications with blockchain technology [2][3]. - This collaboration is expected to create a unique white-label solution branded under ZCITY, enhancing market presence and competitive advantage [2]. Revenue Potential - Treasure Global currently has a user base of 2.69 million and aims to grow its active users from 20,000 to 100,000 within the next 12 months, projecting a fivefold increase in monthly revenue to reach US$2 million and an annual growth of US$25 million [6]. - The strategic plan approved by the Board of Directors focuses on expanding into a more advanced and profitable business model, capitalizing on the existing user base [6]. Industry Insights - The global mobile virtual network operator market is projected to grow at a compound annual growth rate of 7.8%, increasing from US$79.8 billion in 2023 to US$135 billion by 2030, driven by demand for affordable mobile services and market saturation [7].