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Treasure Global Acquires Quarters Elite to Accelerate OXI Wallet Scale-Up, Unlocking Up to USD 150 Million Revenue Opportunity
Globenewswire· 2025-11-20 15:10
Core Insights - Treasure Global Inc. has acquired Quarters Elite Advisory Sdn Bhd, enhancing its OXI Wallet commercialization strategy and expanding its client base in Southeast Asia [1][4][6] Group 1: Acquisition Details - Quarters Elite manages approximately USD 150 million in client assets and has a network of over 350 financial consultants serving nearly 3,000 clients [1][7] - The acquisition is expected to create a long-term revenue opportunity of up to USD 150 million by leveraging Quarters Elite's advisory expertise across various segments [2][4] Group 2: Strategic Benefits - Quarters Elite will act as the marketing and distribution arm for OXI Wallet, providing a cost-effective channel for user acquisition and onboarding [3][4] - The integration is anticipated to significantly reduce customer acquisition costs compared to digital-only channels, enhancing Treasure Global's market presence [3][4] Group 3: Financial Projections - The combined ecosystem aims to support rapid scale, increased transaction velocity, and stronger revenue visibility for OXI Wallet, which is set to launch in the first half of 2026 [4][5] - The acquisition structure includes overriding commissions and performance-based incentives from revenue generated through Quarters Elite's activities, supporting recurring income and long-term margin expansion [4][5] Group 4: Company Background - Treasure Global is a technology solutions provider based in Malaysia, focusing on digital transformation in retail and services, with its flagship product being the ZCITY Super App [8] - As of June 2025, ZCITY has attracted over 2.7 million registered users, positioning the company as a key player in Malaysia's digital economy [8]
Treasure Global Reports First Quarter Year 2026 Financial Results
Globenewswire· 2025-11-17 12:35
Core Insights - Treasure Global Inc. has significantly strengthened its cash position, increasing liquidity more than five-fold to USD 1.25 million as of September 30, 2025, compared to USD 236,895 as of June 30, 2025 [8] - The company is focused on strategic investments in digital growth initiatives, particularly in digital payments, AI solutions, and token-based ecosystems, with plans for launches in the first half of 2026 [3][4] Financial Highlights - Total stockholders' equity rose to USD 11.97 million, up from USD 10.74 million, reflecting a USD 1.23 million increase quarter-over-quarter [8] - The ZCITY Super App has attracted over 2.7 million registered users as of June 2025, enhancing the company's position in Malaysia's digital economy [8] Operational Updates - The company is advancing its innovation pipeline through investments in AI, loyalty systems, and digital platform capabilities, preparing for the launch of the OXI Wallet and UNIRWA token in 1H 2026 [4][5] - These initiatives are expected to enhance user engagement and unlock higher-margin revenue streams [4] Business Outlook - Treasure Global aims to embed the UNIRWA token ecosystem as a core component of its digital asset strategy and progressively roll out new features and partnerships around the OXI Wallet [5] - The company is positioning its digital ecosystem for scalability across Malaysia and Southeast Asia, emphasizing long-term value creation for shareholders [5]
Treasure Global Announces 12-Month Voluntary Lock-Up by Major Shareholders Covering Over 51% of Outstanding Shares
Globenewswire· 2025-11-14 20:40
Core Insights - Treasure Global Inc. has announced a 12-month lock-up for over 51% of its outstanding shares, effective November 14, 2025, indicating strong confidence in its long-term strategy and market stability [1][5][6] Shareholder Commitment - The lock-up involves 24 entities and individuals, collectively representing over 51% of the Company's outstanding shares [2] - Participating shareholders are prohibited from selling, transferring, or disposing of any common stock or convertible securities during the lock-up period, with certain exceptions [3][4] Strategic Alignment - The lock-up is supported by major shareholders, including executive directors and long-standing investors, reflecting confidence in the Company's strategic direction and growth roadmap [5][6] - The CEO emphasized that this alignment allows the Company to execute key initiatives, such as the OXI Wallet and UNIRWA token program, while maintaining a stable shareholder base [6] Growth Initiatives - The lock-up follows significant milestones in the Company's fintech and digital asset initiatives, including the development of the OXI Wallet platform and the UNIRWA token program, showcasing a commitment to long-term growth and innovation [7] - The Company is enhancing its treasury management capabilities to optimize financial resources for growth, supporting sustained value creation [8] Company Overview - Treasure Global is a Malaysia-based technology solutions provider focused on digital transformation in retail and services, with its flagship product being the ZCITY Super App, which has over 2.7 million registered users as of June 2025 [9]
Treasure Global's Subsidiary Tadaa Technologies Appointed Exclusive Partner and Treasury Manager for 200 Million UNIRWA Tokens, Projected Value USD 100 Million
Globenewswire· 2025-11-14 12:35
Core Insights - Treasure Global Inc. has appointed Tadaa Technologies as the exclusive partner and treasury manager for 200 million UNIRWA tokens, valued at USD 100 million, aimed at tokenizing real-world assets in real estate and hospitality across Southeast Asia [1][2][4] Company Developments - The UNIRWA token will be integrated into the upcoming OXI Wallet, set to launch in the first half of 2026, which will provide secure access to asset-backed digital tokens [3][11] - Tadaa will offer tokenization solutions, including asset classification, technical flows, and regulatory compliance for the UNIRWA token [4][11] - The partnership marks Treasure Global's first exclusive collaboration in real-world asset tokenization, enhancing its fintech offerings and establishing recurring income streams [11] Revenue Model - Tadaa plans to develop three revenue channels: management returns from token reserve assets, transaction and settlement fees from token activities, and platform utility revenues related to compliance and tokenization solutions [5][9][10] Market Growth and Industry Potential - There is increasing investor demand for asset-backed digital tokens in Southeast Asia, with projections indicating significant growth in the asset tokenization market [6][7] - The global asset tokenization market is expected to reach USD 16.1 trillion by 2030, highlighting the potential for professionally managed tokenized assets [7] - The tokenization of financial and real-world assets could expand private markets to nearly USD 4 trillion by 2030, driving blockchain growth [8]
Treasure Global Announces Investment in OXI Wallet, an Institutional-Grade Digital Asset Platform with AI Portfolio Tools
Globenewswire· 2025-11-12 20:50
Core Insights - Treasure Global Inc. is launching OXI Wallet, a next-generation fintech platform designed for secure digital asset management, aiming to support up to USD 10 billion in user-held digital assets in its first operational year [1][6][7] - The OXI Wallet will integrate with Treasure Global's ZCITY Super App, which has over 2.7 million registered users, enhancing user access to payment features and bridging traditional and digital finance [2][4] Company Overview - Treasure Global is a Malaysia-based technology solutions provider focused on digital transformation in retail and services, with its flagship product being the ZCITY Super App [9] - The company leverages advanced technologies like artificial intelligence and data analytics to enhance its platform capabilities across various sectors, including e-commerce and fintech [9] Product Features - OXI Wallet will feature an AI-powered portfolio assistant for data-driven insights and personalized guidance, ensuring users maintain control over their transactions [3][4] - The platform will support multiple blockchain networks, including Binance, Ethereum, TRON, and Solana, ensuring multi-chain interoperability and compliance with international KYC and AML standards [4][6] Market Context - The global crypto wallet market is projected to exceed USD 100 billion by 2033, with significant institutional adoption of stablecoins in Asia [6] - The overall digital asset market capitalization has surpassed USD 4.2 trillion, with blockchain-based financial services expected to grow at a CAGR of over 45% by 2030 [6] Strategic Vision - The launch of OXI Wallet is seen as a disciplined expansion of Treasure Global's fintech capabilities, with plans for a release in the first half of 2026 [7] - The company aims to capture market share as digital assets transition from speculative instruments to mainstream components of global financial infrastructure [7]
Treasure Global Announces Investment in OXI Wallet, an Institutional-Grade Digital Asset Platform with AI Portfolio Tools
Globenewswire· 2025-11-12 20:50
Core Insights - Treasure Global Inc. is investing in the development of OXI Wallet, a next-generation fintech platform designed to support up to USD 10 billion in user-held digital assets in its first operational year, emphasizing security, transparency, and regulatory compliance [1][6][7] Company Overview - Treasure Global is a Malaysia-based technology solutions provider focused on digital transformation in retail and services, with its flagship product being the ZCITY Super App, which has over 2.7 million registered users as of June 2025 [10] Product Features - OXI Wallet will feature an AI-powered portfolio assistant for data-driven insights and personalized guidance, initially available in selected markets [3] - The platform supports multiple blockchain networks, including Binance, Ethereum, TRON, and Solana, ensuring multi-chain interoperability and compliance with international KYC and AML standards [4] Market Context - The global crypto wallet market is projected to exceed USD 100 billion by 2033, with significant institutional adoption of stablecoins in Asia [6] - The overall digital asset market capitalization has surpassed USD 4.2 trillion, with blockchain-based financial services expected to grow at a CAGR of over 45% [6] Strategic Goals - The launch of OXI Wallet in the first half of 2026 aims to provide a secure foundation for digital asset services in Southeast Asia, positioning the company to capture market share as digital assets become mainstream [7]
Treasure Global Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Globenewswire· 2025-10-24 19:58
Core Insights - Treasure Global Inc. has approved inducement equity awards for two executives to enhance talent retention and support strategic growth [1][4] - Each executive will receive an inducement equity award valued at USD 60,000, vesting after 24 months of continuous employment [2][3] Company Overview - Treasure Global is a technology solutions provider based in Malaysia, focusing on digital transformation in retail and services [5] - The flagship product, ZCITY Super App, integrates e-payment solutions with customer loyalty rewards, boasting over 2.7 million registered users as of March 2025 [5]
Treasure Global Provides Full-Year Business Update Highlighting Key Achievements and Strategic Initiatives
Globenewswire· 2025-10-23 14:15
Core Insights - Treasure Global Inc. has made significant progress in diversifying its business and strengthening its technology infrastructure despite a challenging operating environment [2][8] Business Highlights - **AI & Blockchain Integration**: In March 2025, the company launched its AI cloud infrastructure strategy, followed by a Sale and Purchase Agreement with I Synergy Group Limited in August 2025, resulting in an initial AUD 300,000 purchase order for enterprise-grade GPUs and AI software [3] - **AI and Data-Driven Platform Development**: The company is developing a next-generation AI-powered platform to enhance user engagement and monetization, building on the success of its ZCITY app [4] - **Mezzofy Partnership for Digital Coupons**: An exclusive partnership with Mezzofy was established in April 2025 to distribute digital coupon solutions in Malaysia, creating a high-margin recurring revenue stream [5] - **FMCG Distribution**: The company expanded into the FMCG sector in 2025, including exclusive e-distribution for selected F&N consumer products, enhancing its logistics and fulfillment capabilities [6] - **Digital Assets Initiative**: Plans to enter the digital assets and cryptocurrency space are underway, aligning with the company's AI and cloud infrastructure roadmap [7] Management Commentary - The CEO highlighted that fiscal 2025 was a pivotal year, with meaningful progress in technology foundation, strategic partnerships, and diversification roadmap, positioning the company for sustainable growth [8] Outlook - Key priorities for the upcoming year include enhancing platform intelligence and user engagement through AI and data analytics, expanding digital commerce and rewards solutions, and optimizing supply chain capabilities [9][11]
Treasure Global Reports Audited Financial Results for Fiscal Year Ended June 30, 2025
Globenewswire· 2025-10-15 11:30
Core Insights - Treasure Global Inc. reported a significant narrowing of its adjusted net loss by 68% year-over-year, amounting to approximately USD 2.1 million for FY2025, compared to USD 6.6 million in FY2024 [3][8] - The company achieved a gross profit of USD 1.7 million, with a gross margin expansion to 71.6%, attributed to a strategic shift towards higher-margin technology and software services [8] - The fiscal year 2025 was characterized as a transitional year, focusing on restructuring and reinvestment to strengthen fundamentals and optimize operations for sustainable recovery and long-term profitability [2][3] Financial Performance - Adjusted net loss narrowed to approximately USD 2.1 million from USD 6.6 million in FY2024, indicating improved operating efficiency and disciplined cost management [3][8] - Gross profit reached USD 1.7 million, with a gross margin of 71.6%, reflecting the company's focus on higher-margin technology solutions [8] - Operating expenses declined significantly year-over-year, showcasing the company's commitment to cost management and operational efficiency [8] Strategic Initiatives - The company is realigning its focus towards enterprise technology and AI-driven solutions, positioning itself for sustainable revenue growth and enhanced profitability [8] - Strategic actions taken during FY2025 have strengthened the company's fundamentals and streamlined its cost base [3][8] - Treasure Global aims to leverage technology-driven solutions to enhance customer experiences and expand ecosystem partnerships [3]
Treasure Global Announces USD 400,000 Strategic Investment from Executive Director Chan Meng Chun and Investor Chuah Su Chen to Advance Expansion Plans
Globenewswire· 2025-10-07 20:03
Core Insights - Treasure Global Inc. has raised USD 400,000 through a Subscription Agreement with Malaysian investors, indicating strong insider confidence in the company's growth strategy [1][2]. Group 1: Investment Details - The investment was made by Executive Director Chan Meng Chun and Chuah Su Chen, each subscribing for USD 200,000 worth of common shares [2]. - A total of 344,828 new ordinary shares will be issued at an issuance price of USD 1.16 per share, with all shares classified as 'restricted securities' under U.S. law [2]. Group 2: Use of Proceeds - The funds raised will be used to strengthen working capital, accelerate platform development, and support ongoing expansion initiatives [3]. Group 3: Company Overview - Treasure Global is a technology solutions provider based in Malaysia, focusing on digital transformation in retail and services, with its flagship product being the ZCITY Super App [4]. - As of March 2025, ZCITY has over 2.7 million registered users, positioning the company as a significant player in Malaysia's digital economy [4]. - The company utilizes advanced technologies such as artificial intelligence and data analytics to enhance its platform capabilities across various sectors [4].