VCI International (VCIG) Restricted introduced that Tether, a stable-coin issuer, is about to emerge as the most important shareholder of VCIG following the completion of a $100M OOB token digital-asset-treasury transaction. Tether has a market capitalization of roughly $180B and maintains tens of billions of U.S. Treasury payments and money equivalents in reserve. Following the transaction, VCIG will combine the OOB token inside its $100M digital-treasury initiative to help future AI, fintech, and blockchain tasks below its Nasdaq-listed governance framework.
Revealed first on TheFly – the final word supply for real-time, market-moving breaking monetary information. Attempt Now>>
See Insiders’ Sizzling Shares on TipRanks >>
Learn Extra on VCIG:
Disclaimer & DisclosureReport an Difficulty