KUALA LUMPUR, Malaysia, Dec. 04, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that it has approved the spin-off of its capital markets advisory subsidiary, V Capital Consulting Group (“VCCG”), at a valuation of US$168 million. Following the listing, VCI Global will retain a 30% equity interest in VCCG, supporting the Company’s transition toward a more focused, technology-driven business model and a strengthened balance sheet. The transaction mark ...

Core Viewpoint - Coinbase Global (COIN) is approaching a $2 billion acquisition of stablecoin infrastructure startup BVNK, with the deal expected to finalize later this year or early next year [4] Group 1: Acquisition Details - The acquisition is valued at approximately $2 billion [4] - The deal is anticipated to close later this year or in early next year [4] - Specific terms of the deal have not been disclosed [4]

Core Insights - Mastercard is close to acquiring Zerohash for a deal valued between $1.5 billion and $2 billion, marking its significant entry into stablecoin infrastructure [1] - The acquisition aligns with the trend of global payment firms seeking new revenue streams from blockchain-based settlement, facilitated by clearer regulatory standards in the US and Europe [1] Group 1: Acquisition Details - Zerohash provides API-driven tools for banks, fintechs, and brokerages to facilitate crypto trading, tokenization, and stablecoin transfers, with over $2 billion in tokenized fund flows reported in April [2] - Mastercard aims for direct control over the infrastructure rather than a loose integration, as part of its strategy to scale regulated digital-asset services [3] Group 2: Strategic Implications - The acquisition could transform how Mastercard handles cross-border transactions, allowing it to settle stablecoin transfers internally without relying on external partners [6] - This shift indicates a strategic move away from consumer-facing wallets towards building the foundational infrastructure for regulated blockchain payments [5]

Core Viewpoint - Obook Holdings (OWLS.US) debuted on the US stock market with an opening drop of nearly 20%, hitting a circuit breaker, with an IPO price set at $68 [1] Company Overview - Obook Holdings focuses on the research and application of underlying blockchain technology [1] - The company has been actively building infrastructure for stablecoins in recent years [1] - Obook aims to create a "compliance-first" ecosystem for stablecoins [1] Strategic Positioning - The company plans to leverage multiple financial and blockchain-related licenses obtained in the US, EU, and Japan to strengthen its strategic position in the global stablecoin competitive landscape [1]

RT Blockradar (@BlockradarHQ)Now live on @avax : Blockradar’s modular stablecoin infrastructure is built for fintechs creating real-world financial products. With native support for gasless transactions via gas station architecture, auto-settlement, and built-in AML/KYT compliance, Blockradar enables fintechs to launch non-custodial stablecoin wallets through a single API.Fintechs can now power scalable, stablecoin-based use cases on @avax's low-cost and high-performance network. ...

Core Business - StraitsX is building stablecoin infrastructure to simplify cross-border spending [1] - The company aims to make global payments feel local by eliminating currency conversions and friction [1] Target User - StraitsX targets users holding funds, traveling abroad, or making purchases [1] Value Proposition - Users can use the same wallet and currency for various transactions [1]