According to VCI Global’s official statement, Malaysia-based VCI Global will acquire $100 million worth of OOBIT’s native token OOB in two tranches. This acquisition follows a dramatic 342% surge in OOB’s price within 24 hours, briefly reaching $0.8 before settling at $0.56 with a $560 million market cap and $11.1 million trading volume. The deal makes Tether, a leading stablecoin issuer, the largest shareholder of the Nasdaq-listed tech consulting firm, highlighting its deepening involvement in technology and digital asset investments.