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[VCI Global Plans to Purchase $100 Million Worth of OOB Tokens, Tether Becomes Largest Shareholder] VCI Global (NASDAQ: VCIG) announced its intention to purchase $100 million worth of OOB tokens and oversee the digital treasury of Singapore-based cryptocurrency payment platform OOBIT. Tether will become VCI Global's largest shareholder through its stake in OOBIT. VCI Global has acquired $50 million worth of OOB tokens from the OOB Foundation at a valuation of $200 million (priced at $0.20 per token) through the issuance of company shares and plans to purchase an additional $50 million worth of tokens on the open market after the official launch. VCI Global is a technology and investment company focused on AI, digital finance, and data infrastructure. In February 2024, it completed a $25 million Series A funding round to expand cryptocurrency payment applications.