Malaysia’s VCI Global will acquire $100M worth of OOB tokens from Tether-backed Oobit, making Tether its largest shareholder. The deal strengthens VCI’s digital finance push as Malaysia prepares major crypto exchange rule reforms to boost innovation and investor protection.

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"Oobit’s backers include Tether, Solana co-founder Anatoly Yakovenko, CMCC Global, and 468 Capital. VCI Global, listed on Nasdaq, recently raised $5 million in a direct offering on October 31, selling shares at $1.80 each. However, its stock fell 26.55% on Tuesday to $1.30, marking a 65.79% decline over the past month, according to Yahoo Finance data."

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Malaysia’s VCI Global will acquire $100M worth of OOB tokens from Tether-backed Oobit, making Tether its largest shareholder. The deal strengthens VCI’s digital finance push as Malaysia prepares major crypto exchange rule reforms to boost innovation and investor protection.

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Malaysia’s VCI Global will acquire $100M worth of OOB tokens from Tether-backed Oobit, making Tether its largest shareholder. The deal strengthens VCI’s digital finance push as Malaysia prepares major crypto exchange rule reforms to boost innovation and investor protection.

More on Crypto VC

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VC-backed crypto token launches are failing in 2025, with 85% underwater and the old “Top VC = pump” playbook breaking down as capital dries up and fundamentals start to matter.

Crypto VCs are shifting toward FinTech-style investing as token-first exits fade, prioritizing real revenue, payments, trading, and compliance-driven models. Stablecoins and markets now anchor sustainable crypto businesses as fundamentals replace narrative-driven growth.

AlphaGrowth launches largest crypto VC and DAO treasury dataset on SerenAI x402 payment gateway with over 70,000 deals tracked

VC money is flooding back into crypto, with nearly $25B deployed in 2025—a 150% jump led by Binance, Polymarket, and Circle. Investors are now backing compliance-first, revenue-real businesses as the market matures.

Leaked documents show Berachain gave Brevan Howard’s Nova Digital fund a rare $25M refund right letting the VC reclaim its entire Series B investment a year after the TGE, effectively eliminating downside risk.

Dragonfly Fund IV sparks a candid playbook on building a crypto VC, covering fundraising, differentiation, winning deals, and surviving cycles.

VC-backed crypto token launches are failing in 2025, with 85% underwater and the old “Top VC = pump” playbook breaking down as capital dries up and fundamentals start to matter.

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