VCI Global plans to purchase $100 million worth of OOB tokens, and Tether will become VCI Global's largest shareholder.

Malaysia-based VCI Global (NASDAQ: VCIG) announced plans to acquire $100 million worth of OOB tokens and oversee the digital treasury of Singapore-based cryptocurrency payment platform OOBIT. Furthermore, Tether will become VCI Global's largest shareholder through its stake in OOBIT. It is understood that Solana co-founder Anatoly Yakovenko, CMCC Global, and 468 Capital are also investors.