VCI Global intends to invest $100 million to acquire the crypto payment company Oobit, which is supported by Tether and its token OOB. The acquisition aims to enhance VCI Global’s presence in the cryptocurrency sector. Oobit offers a platform for seamless crypto transactions, catering to a growing market of digital currency users. The backing of Tether, a prominent player in the crypto industry, adds credibility to Oobit’s operations and potential for growth. This investment aligns with VCI Global’s strategy to expand its portfolio in innovative financial technologies.
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