Treasure Global Acquires Quarters Elite to Accelerate OXI Wallet Scale-Up, Unlocking Up to USD 150 Million Revenue Opportunity
Treasure Global (NASDAQ:TGL) acquired Malaysian advisory firm Quarters Elite, which manages approximately USD 150 million in client assets and operates a nationwide network of >350 advisors serving ~3,000 clients. The deal positions Quarters Elite as the marketing and distribution arm for Treasure Global’s OXI Wallet, targeted for release in 1H 2026.
The company expects the advisor network to provide a low-cost channel for user acquisition, onboarding, product education, and AUM growth, and believes this integration represents a potential long-term revenue opportunity of up to USD 150 million.
Treasure Global (NASDAQ:TGL) ha acquisito la società di consulenza malese Quarters Elite, che gestisce circa USD 150 million di asset dei clienti e opera una rete nazionale di oltre 350 consulenti che servono circa 3.000 clienti. L’accordo posiziona Quarters Elite come braccio di marketing e distribuzione per il OXI Wallet di Treasure Global, previsto per il lancio nel 1H 2026.
La società prevede che la rete di consulenti fornisca un canale a basso costo per l’acquisizione degli utenti, l’onboarding, l’educazione sui prodotti e la crescita dell’AUM, e ritiene che questa integrazione rappresenti una potenziale opportunità di ricavi a lungo termine di fino a USD 150 million.
Treasure Global (NASDAQ:TGL) adquirió la firma malasia de asesoría Quarters Elite, que gestiona aproximadamente USD 150 millones en activos de clientes y opera una red nacional de más de 350 asesores que atienden a ~3.000 clientes. El acuerdo posiciona a Quarters Elite como el brazo de marketing y distribución para el OXI Wallet de Treasure Global, cuyo lanzamiento está previsto para 1H 2026.
La empresa espera que la red de asesores proporcione un canal de bajo costo para la adquisición de usuarios, la incorporación, la educación sobre productos y el crecimiento de AUM, y cree que esta integración representa una posible oportunidad de ingresos a largo plazo de hasta USD 150 millones.
Treasure Global (NASDAQ:TGL) 은 말레이시아 자문사 Quarters Elite를 인수했습니다. 이 회사는 약 USD 150 million의 고객 자산을 관리하고 전국에 걸친 350명 이상의 자문가 네트워크를 운영하며 약 3,000명의 고객을 지원합니다. 이 거래로 Quarters Elite는 Treasure Global의 OXI Wallet의 마케팅 및 유통 부문으로 자리매김하며, 1H 2026에 출시될 예정입니다.
회사는 자문 네트워크가 사용자 확보, 온보딩, 제품 교육 및 자산 운용 수수료(AUM) 성장에 대해 저비용 채널을 제공할 것으로 기대하며, 이 통합은 향후 최대 USD 150 million의 잠재 수익 기회를 나타낸다고 봅니다.
Treasure Global (NASDAQ:TGL) a acquis la société malaisienne de conseil Quarters Elite, qui gère environ USD 150 millions d’actifs de clients et exploite un réseau national de plus de 350 conseillers desservant environ 3 000 clients. L’accord positionne Quarters Elite comme l’organe marketing et distribution du OXI Wallet de Treasure Global, dont le lancement est prévu pour le 1er semestre 2026.
L’entreprise prévoit que le réseau de conseillers fournira un canal à faible coût pour l’acquisition des utilisateurs, l’intégration, l’éducation sur les produits et la croissance de l’AUM, et estime que cette intégration représente une opportunité potentielle de revenus à long terme allant jusqu’à USD 150 millions.
Treasure Global (NASDAQ:TGL) erwarb das malaysische Beratungsunternehmen Quarters Elite, das ungefähr USD 150 Millionen an Kundengeldern verwaltet und ein landesweites Netzwerk von mehr als 350 Beratern betreibt, die rund 3.000 Kunden betreuen. Die Transaktion positioniert Quarters Elite als Marketing- und Vertriebsarm für das OXI Wallet von Treasure Global, dessen Markteinführung für das 1. Halbjahr 2026 vorgesehen ist.
Das Unternehmen erwartet, dass das Beraternetzwerk einen kostengünstigen Kanal für die Kundengewinnung, das Onboarding, die Produktbildung und das AUM-Wachstum bietet, und glaubt, dass diese Integration ein potenzielles langfristiges Umsatzpotenzial von bis zu USD 150 Millionen darstellt.
Treasure Global (NASDAQ:TGL) استحوذت على شركة الاستشارات المالي Malaisian Quarters Elite، التي تدير حوالي 150 مليون دولار أمريكي من أصول العملاء وتدير شبكة وطنية من أكثر من 350 مستشاراً يخدمون نحو 3,000 عميل. الصفقة تضع Quarters Elite كذراع التسويق والتوزيع لـ OXI Wallet الخاص بـ Treasure Global، المقرر إطلاقه في النصف الأول من 2026.
تتوقع الشركة أن توفر شبكة المستشارين قناة منخفضة التكلفة للاكتساب وتحويل المستخدمين والتثقيف بالمنتج ونمو أصول الإدارة، وتعتقد أن هذا التكامل يمثل فرصة إيرادات محتملة طويلة الأمد تصل إلى حتى 150 مليون دولار أمريكي.
- ~USD 150M AUM added through acquisition
- Up to USD 150M potential long-term revenue opportunity
- 350+ advisors and ~3,000 clients nationwide to drive distribution
- Low-cost acquisition channel expected to reduce CAC vs digital-only
- OXI Wallet launch targeted for 1H 2026 with built-in distribution
- Projected revenue described as a potential opportunity, not guaranteed
- Revenue realization depends on OXI Wallet adoption tied to 1H 2026 launch timing
Insights
Acquisition gives Treasure Global distribution scale and a stated pathway to monetize OXI Wallet via an advisor network.
The deal integrates a nationwide advisory channel into Treasure Global to feed onboarding, education, and AUM growth for OXI Wallet. Quarters Elite brings a >350‑advisor network and ~3,000 clients managing about
Key dependencies and risks include execution of advisor‑led digital adoption, retention of Quarters Elite consultants and clients after integration, and conversion of managed assets into fee‑generating flows for OXI Wallet. The
Watch for three concrete milestones: successful integration and advisor retention metrics in the near term, early adoption and transaction velocity once OXI Wallet launches in
Secures 350-Advisor Network and ~3,000 Clients to Drive Low-Cost OXI Wallet Growth Across Southeast Asia
KUALA LUMPUR, Malaysia, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company, today announced the acquisition of Quarters Elite Advisory Sdn Bhd (“Quarters Elite”), a Malaysian financial advisory firm managing approximately USD 150 million in client assets through a nationwide network of more than 350 professional financial consultants serving nearly 3,000 clients. The acquisition adds established revenue streams to Treasure Global and strengthens the Company’s OXI Wallet commercialization strategy by providing a cost-efficient channel for user acquisition and engagement across Southeast Asia.
Based on Quarters Elite’s existing portfolio size and historical performance, Treasure Global believes the acquisition represents a potential long-term revenue opportunity of up to approximately USD 150 million. This opportunity is expected to be driven by leveraging Quarters Elite’s advisory expertise across individual, family, SME, and corporate segments, and by increasing adoption of digital financial solutions within the Company’s ecosystem.
Through this acquisition, Quarters Elite will serve as the marketing and distribution arm for OXI Wallet, providing Treasure Global with a low-cost, high-reach channel for user acquisition, onboarding, product education, and asset under management (AUM) growth. The nationwide advisor network is expected to significantly reduce customer acquisition costs compared to digital-only channels, while rapidly expanding Treasure Global’s presence across Malaysia and the broader Southeast Asia region.
The combined ecosystem is designed to support rapid scale, increased transaction velocity, and stronger revenue visibility for OXI Wallet, Treasure Global’s fintech platform targeted for release in 1H 2026. Under the acquisition structure, Treasure Global will receive overriding commissions and performance-based incentives derived from revenue generated through Quarters Elite’s distribution activities. With this integrated network and proven historical performance, the Company expects to capture a USD 150 million revenue opportunity over time, supporting recurring income and reinforcing long-term margin expansion.
This model is intended to strengthen Treasure Global’s recurring revenue base, enhance cash flow durability, and further solidify its fintech monetization strategy ahead of the OXI Wallet launch.
“Quarters Elite brings an extensive advisory network, approximately USD 150 million in managed assets, and proven expertise in trust and generational wealth planning into the OXI ecosystem,” said Carlson Thow, CEO of Treasure Global. “This acquisition allows us to efficiently scale OXI Wallet across Malaysia and Southeast Asia through a trusted, relationship-driven channel, supporting low-cost user growth, recurring fee income, and long-term shareholder value creation.”
“Our network of over 350 consultants and nearly 3,000 clients is built around long-term, multi-generational planning,” said Luis Tee, founder of Quarters Elite. “Integrating OXI Wallet into our advisory ecosystem enables us to offer regulated digital wealth solutions alongside conventional structures, while maintaining the trust, continuity, and governance standards our clients expect.”
About Quarters Elite
Founded in 2023 by Luis Tee, a Registered and Certified Financial Planner with over 17 years of experience, Quarters Elite is a Malaysian financial advisory firm managing approximately USD 150 million in assets. Its nationwide network of more than 350 professional financial consultants serves nearly 3,000 clients across individual, family, SME, and corporate segments. The firm specializes in corporate advisory, family fund planning, trust structuring, and financial education, with a focus on long-term financial security and generational wealth.
About Treasure Global
Treasure Global is a Malaysia-based technology solutions provider specializing in innovative platforms that drive digital transformation in retail and services. The Company’s flagship product is the ZCITY Super App, which integrates e-payment solutions with customer loyalty rewards to create a seamless online-to-offline user experience. As of June 2025, ZCITY has attracted over 2.7 million registered users, positioning Treasure Global as a key player in Malaysia’s digital economy. Treasure Global continuously leverages cutting-edge technologies, including artificial intelligence and data analytics, to enhance its platform’s capabilities across e-commerce, fintech, and other verticals.
Visit treasureglobal.org for more information.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect the Company’s current expectations, assumptions, and projections about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking statements typically include terminology such as “anticipates,” “believes,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” or similar expressions.
Factors that could cause actual results to differ materially include, without limitation, the Company’s ability to expand its e-commerce platform and F&B distribution business, customer acceptance of new products and services, changes in economic conditions affecting its operations, the outcome of partnership discussions, the impact of global health crises, supply chain disruptions, competition, and regulatory risks related to data privacy and security. Additional risks include volatility in digital asset markets, potential vulnerabilities in custodial security, and evolving global and domestic regulatory frameworks applicable to blockchain technologies. These risks, along with other factors, are discussed in more detail in the Company’s filings with the U.S. Securities and Exchange Commission.
The forward-looking statements in this press release speak only as of the date hereof. The Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
CONTACT
Investor and media contact:
Investor Relations Team
Treasure Global
ir_us@treasureglobal.org
FAQ
What did Treasure Global announce about Quarters Elite (TGL) on November 20, 2025?
How much managed assets did Treasure Global acquire with Quarters Elite (TGL)?
What revenue impact did Treasure Global (TGL) claim from the Quarters Elite acquisition?
How will Quarters Elite support the OXI Wallet rollout for Treasure Global (TGL)?
When is Treasure Global targeting the OXI Wallet launch after the Quarters Elite acquisition?
Does the Quarters Elite deal include immediate cash revenue for Treasure Global (TGL)?
