VCI Global Awarded US$200 Million RWA Consultancy Mandate for Bridge Gold Stablecoin

Rhea-AI Summary

VCI Global (NASDAQ: VCIG) said its subsidiary Smart Bridge won a US$200 million RWA consultancy mandate to architect Bridge Gold, an institutional-grade stablecoin fully backed by audited, bank‑vaulted physical gold. Key features include bank-grade custody in Switzerland and Singapore, Big Four audit attestation, and multi-currency settlement in USD, EUR, and SGD. The project is scheduled to start in Q2 2026 and Smart Bridge will provide implementation, audit attestation, custody integration, and recurring services aimed at creating long-term revenue for VCIG.

Positive

• US$200 million consultancy mandate awarded to Smart Bridge
• Gold reserves to be held in bank‑grade vaults in Switzerland and Singapore
• Independent periodic verification by a Big Four audit firm
• Multi‑currency settlement support for USD, EUR, and SGD

Negative

• None.

News Market Reaction

+0.95% 3.5x vol

22 alerts

+0.95% News Effect

+50.4% Peak Tracked

-19.5% Trough Tracked

+$65K Valuation Impact

$7M Market Cap

3.5x Rel. Volume

On the day this news was published, VCIG gained 0.95%, reflecting a mild positive market reaction. Argus tracked a peak move of +50.4% during that session. Argus tracked a trough of -19.5% from its starting point during tracking. Our momentum scanner triggered 22 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $65K to the company's valuation, bringing the market cap to $7M at that time. Trading volume was very high at 3.5x the daily average, suggesting strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

RWA consultancy mandate: US$200 million Tokenized RWA market size: US$24 billion

2 metrics

RWA consultancy mandate US$200 million Value of Bridge Gold consultancy awarded to Smart Bridge

Tokenized RWA market size US$24 billion RWA market excluding stablecoins as of June 2025

Market Reality Check

Price: $0.3620 Vol: Volume 1418709 is 0.32x t...

low vol

$0.3620 Last Close

Volume Volume 1418709 is 0.32x the 20-day average of 4468636, indicating subdued trading ahead of this news. low

Technical Price 0.8821 is trading below the 200-day MA of 89.65 and near the 52-week low of 0.89.

Peers on Argus

VCIG was down 1.71% while several consulting peers (AERT, INTJ, GRNQ, FORR) show...

VCIG was down 1.71% while several consulting peers (AERT, INTJ, GRNQ, FORR) showed modest gains and only ROMA declined, suggesting today’s setup was more stock-specific than a broad sector move.

Historical Context

5 past events · Latest: Dec 04 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 04	Spin-off / IPO plan	Positive	+17.9%	Spin-off of VCCG at US$168M valuation under dual-track IPO strategy.
Dec 02	Crypto mandate win	Positive	+0.9%	Smart Bridge awarded US$200M RWA consultancy for Bridge Gold stablecoin.
Dec 01	Strategic shift	Positive	-6.3%	Transformation toward AI infrastructure, stablecoin rails, and RWA advisory.
Nov 26	Token accumulation	Positive	-5.4%	US$1.0M purchase of ~4.17M OOB tokens under US$50M program.
Nov 25	Strategic partnership	Positive	-3.5%	Partnership with Oobit to expand crypto-to-fiat payments via Voobit.

Pattern Detected

Recent news skewed positive strategically, but price reactions were mixed, with three of the last five announcements seeing negative 24-hour moves despite upbeat narratives.

Recent Company History

Over the past weeks, VCI Global reported several strategic steps in AI, digital assets, and capital markets. On Nov 25, it partnered with Oobit to target the US$3.12 trillion payments market, followed by OOB token purchases and treasury expansion on Nov 26. A strategic transformation toward AI and stablecoin infrastructure was outlined on Dec 1, and Smart Bridge’s US$200 million Bridge Gold mandate was disclosed on Dec 2. On Dec 4, VCIG announced a VCCG spin-off at a US$168 million valuation, reinforcing its pivot toward platform and digital-asset architecture.

Market Pulse Summary

This announcement detailed a US$200 million Real-World Asset consultancy mandate for Smart Bridge to...

Analysis

This announcement detailed a US$200 million Real-World Asset consultancy mandate for Smart Bridge to build the Bridge Gold, fully gold-backed stablecoin infrastructure with USD, EUR, and SGD settlement. It fits into VCI Global’s broader pivot toward AI, stablecoin rails, and digital-asset advisory highlighted in recent releases. Investors may focus on execution milestones such as the planned Q2 project start, realized consultancy fees, and the traction Bridge Gold achieves within the expanding US$24 billion tokenized RWA market.

Key Terms

real-world asset (RWA), stablecoin, tokenized real-world assets, smart contract, +2 more

6 terms

real-world asset (RWA) financial

"awarded a US$200 million Real-World Asset (RWA) consultancy mandate"

A real-world asset (RWA) is a tangible item or property with physical presence, such as real estate, equipment, or commodities, that has value and can be used, sold, or leased. For investors, RWAs provide diversification beyond digital assets, offering a way to hold investments backed by physical resources that can generate income or appreciate over time. This makes them an important option for balancing risk and securing long-term wealth.

stablecoin financial

"develop Bridge Gold, an institutional-grade stablecoin fully backed by audited"

A stablecoin is a type of digital currency designed to keep its value steady, often by being backed by traditional assets like money or commodities. For investors, stablecoins offer a reliable way to move money quickly across digital platforms without the value fluctuations common with other cryptocurrencies, making them useful for saving, trading, or transferring funds with less risk of sudden losses.

tokenized real-world assets financial

"the global market for tokenized real-world assets is expanding rapidly"

Tokenized real-world assets are physical or financial items — such as real estate, bonds, art, or commodities — represented by digital tokens on a secure online ledger, enabling ownership to be divided into small, tradable pieces. For investors this can mean easier buying and selling, lower minimum investments and faster settlement, but it also introduces technology, market and legal risks, so it's like turning a house into many tradeable shares with new rules and costs to consider.

smart contract technical

"including RWA structuring and compliance, smart contract design, vault and custody"

A smart contract is a computer program stored on a blockchain that automatically carries out the terms of an agreement when preset conditions are met — like a vending machine that releases a snack when you insert the right coins. For investors, smart contracts matter because they can cut out intermediaries, speed up and lower the cost of transactions, and make outcomes more transparent, but they also introduce technology and regulatory risks that can affect asset value.

digital asset financial

"gold-backed digital asset with multi-currency settlement capabilities"

A digital asset is a representation of value or rights that exists only in electronic form—like digital versions of cash, stocks, or collectibles kept in a virtual wallet. They are transferred and recorded using computer systems that make copying or tampering difficult, and can include currencies, tokenized shares, or unique digital items. Investors care because digital assets can offer new ways to diversify, trade and raise capital, but they also bring different risks around price swings, custody and regulation.

blockchain-enabled technical

"RWA tokenization advisory and blockchain-enabled financial solutions"

A product, service, or process described as blockchain-enabled uses a tamper-resistant, shared digital record to store and verify transactions or data, so multiple parties can see the same information and changes are permanently recorded. For investors this matters because it can lower costs, reduce reliance on middlemen, and increase transparency and traceability—like replacing private ledgers with a public, auditable spreadsheet—while also bringing new operational and regulatory risks to weigh.

AI-generated analysis. Not financial advice.

Smart Bridge to Develop Fully Allocated, Big Four-Audited Gold-Backed Digital Asset with Multi-Currency Settlement Capabilities Across USD, EUR, and SGD

KUALA LUMPUR, Malaysia, Dec. 02, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that is bas been awarded a US$200 million Real-World Asset (RWA) consultancy mandate to architect and develop Bridge Gold, an institutional-grade stablecoin fully backed by audited, bank-vault-stored physical gold. The mandate will be executed by Smart Bridge Technologies Limited (“Smart Bridge”), VCI Global’s wholly owned subsidiary specializing in digital asset infrastructure, tokenization frameworks, and enterprise-grade settlement systems.

The mandate comes at a time when the global market for tokenized real-world assets is expanding rapidly. As of June 2025, the RWA market excluding stablecoins surpassed US$24 billion, reflecting nearly fivefold growth over the past three years, according to CoinDesk. Rising institutional demand for asset-backed digital instruments creates an opportunity for Bridge Gold to position VCI Global at the forefront of the next phase of RWA innovation. The stablecoin will be fully audited, gold-backed, and multi-currency enabled, targeting a market projected to grow into the multi-trillion-dollar range.

Bridge Gold: A Fully Allocated, Audit-Backed Digital Gold Asset

Bridge Gold will be structured as a physical gold-backed stablecoin, where each token represents allocated and independently verified gold bars. Key design attributes include:

• Institutional-Grade Physical Custody
  

Gold reserves will be held in bank-grade vaults located in Switzerland and Singapore.

• Big Four Audit Assurance
  

All gold holdings will be subject to periodic independent verification by a Big Four-tier auditing firm, ensuring custody integrity and transparency.

• Multi-Currency Settlement Infrastructure
  

Bridge Gold will support USD, EUR, and SGD transactions, enabling cross-border payments, treasury operations, and global institutional use.

The project is scheduled to begin in Q2 next year. Smart Bridge will lead the full implementation, including RWA structuring and compliance, smart contract design, vault and custody integration, audit attestation, multi-currency settlement rails, and institutional onboarding with treasury infrastructure.

Significant Revenue & Strategic Value for VCI Global

As a wholly owned subsidiary, Smart Bridge is expected to provide significant long-term revenue to VCI Global through:

• Consultancy fees from the initial mandate,
• Infrastructure deployment fees,
• Recurring system maintenance, audit, custody, and settlement services associated with the Bridge Gold ecosystem.
  

Given the size and growth trajectory of the RWA market, Bridge Gold could become a substantial recurring revenue stream, further establishing VCIG as a leader in real-asset tokenization infrastructure.

“This US$200 million mandate marks a major milestone for Smart Bridge. With Bridge Gold, we aim to deliver one of the world’s most trusted digital gold assets, built to the highest standards of custody, audit integrity, and regulatory transparency. Our infrastructure will support seamless USD, EUR, and SGD settlement for global institutions and corporate treasuries,” said Henry Chai, Chief Executive Officer of Smart Bridge.

“VCIG is committed to driving institutional-grade innovation in digital assets. The Bridge Gold project reflects our strategic vision to bridge traditional finance and Web3, offering trusted, audited, asset-backed infrastructure in a market that has already grown to over USD 24 billion and may scale into multi-trillions in the coming years. We believe Bridge Gold will become a foundational building block for global institutional adoption of tokenized real assets,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

About Smart Bridge Technologies Limited

Smart Bridge Technologies is a Malaysia-based technology company specializing in AI-powered automation, enterprise-grade IT solutions, and digital transformation services. A subsidiary of VCI Global, Smart Bridge integrates its expertise in software development, systems integration, and digital consulting with new capabilities in Real-World Asset (RWA) tokenization advisory and blockchain-enabled financial solutions.

By combining AI innovation with capital markets insight, Smart Bridge delivers end-to-end solutions that help corporates, asset owners, and institutions unlock efficiency, scalability, and global investor access.

About VCI Global Limited

VCI Global Limited is a cross-sector platform builder at the forefront of technology and financial architecture. The Company focuses on developing and scaling platforms across artificial intelligence, encrypted data infrastructure, digital treasury systems, and next-generation capital market solutions.

By integrating technology innovation with financial ecosystems, VCI Global enables enterprises, governments, and institutions to capture opportunities in the evolving digital economy. The Company’s strategy is centered on building scalable platforms that deliver resilience, efficiency, and long-term value across multiple high-growth sectors.

For more information on the Company, please log on to https://v-capital.co/.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These forward-looking statements are based only on our current beliefs, expectations, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company’s products and the Company’s customers’ economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission (“SEC”). The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.

CONTACT INFORMATION:

For media queries, please contact:

VCI GLOBAL LIMITED

enquiries@v-capital.co

FAQ

What did VCI Global announce on December 2, 2025 regarding Bridge Gold (VCIG)?

VCI Global announced a US$200 million consultancy mandate for Smart Bridge to build Bridge Gold, a fully allocated, audited gold-backed stablecoin.

When will the Bridge Gold project begin and who will implement it for VCIG?

The project is scheduled to begin in Q2 2026 and will be executed by Smart Bridge Technologies, VCIG’s wholly owned subsidiary.

How will Bridge Gold ensure custody and audit integrity for VCIG (VCIG)?

Gold reserves will be held in bank‑grade vaults in Switzerland and Singapore with periodic independent verification by a Big Four audit firm.

Which currencies will Bridge Gold support for settlement under the VCIG plan?

Bridge Gold will support USD, EUR, and SGD settlement rails for cross‑border and institutional treasury use.

What revenue streams does VCIG expect from the Bridge Gold mandate (VCIG)?

VCIG expects consultancy fees, infrastructure deployment fees, and recurring maintenance, audit, custody, and settlement service revenues from Smart Bridge.