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VCI Global says tether-backed OOBIT token trading live on Kraken

VCI Global (VCIG) announced that the OOB token is now trading on Kraken/ This announcement builds on VCI Global’s earlier disclosures regarding its $100 million digital treasury allocation and its strategic partnership with OOBIT, under which VCI Global was appointed as the Treasury Manager of the OOB Foundation. Under the framework, VCI Global acquired 250 million OOB Tokens for $50 million. As of 12:00 a.m. Eastern Time, the OOB Token was trading at approximately $0.64 on Kraken, representing an unrealized gain of $109.8 million on VCI Global’s holdings.

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