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VCI Global shares surge 42.86% premarket after subsidiary secures $200M RWA mandate for gold-backed stablecoin.
ByAinvest
Tuesday, Dec 2, 2025 8:30 am ET1min read
VCI Global surged 42.86% in premarket trading following the announcement that its subsidiary Smart Bridge secured a $200 million RWA consultancy mandate to develop Bridge Gold, a gold-backed stablecoin. The mandate includes consultancy, infrastructure deployment, and recurring revenue streams through audit attestation, custody integration, and multi-currency settlement services. The project, set to launch in Q2 2026, positions the company to capitalize on the expanding RWA market, which exceeded $24 billion as of June 2025. The news directly aligns with the stock’s upward movement, emphasizing long-term revenue potential and strategic alignment with institutional-grade digital asset innovation.
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