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VCI Global Reaffirms Oobit Transaction as Ecosystem Partners Target Completion of OOB Digital Treasury Infrastructure by Q1 2026
Globenewswire· 2025-12-30 11:00
Core Insights - The Oobit ecosystem is being developed as a long-term digital asset treasury and settlement infrastructure, focusing on scalable payment and stablecoin settlement functions [2][4] - VCI Global plans to hold approximately 250 million OOB tokens and acquire an additional US$50 million worth of OOB tokens, aligning with its Digital Asset Treasury (DAT) strategy [3][6] - The initiative aims to establish an institutional-grade digital asset framework, emphasizing compliance, scalability, and long-term utility in the digital asset economy [4][5] Company Strategy - VCI Global is committed to building durable digital asset infrastructure rather than pursuing isolated token investments, reinforcing its strategic positioning in the digital asset treasury and settlement layer [6] - The company focuses on developing scalable platforms across various sectors, including artificial intelligence and digital treasury systems, to capture opportunities in the evolving digital economy [8][9] - Further updates on the Oobit ecosystem's progress toward implementation milestones are expected from VCI Global [7]