
VCI International (VCIG) Limited announced that Tether, a stablecoin issuer, is set to emerge as VCIG’s largest shareholder after completing a $100 million OOB token digital asset treasury deal. Tether has a market cap of about $180 billion and holds tens of billions in US Treasury securities and cash equivalents in reserve. Following the transaction, VCIG will integrate the OOB token within its $100 million digital treasury initiative to support future AI, fintech and blockchain projects within the Nasdaq-listed governance framework.
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The post Tether to emerge as largest shareholder of VCI Global following OOB token deal first appeared on Investorempires.com.
