VCI Global shares surge 54.28% premarket after Smart Bridge subsidiary secures $200M RWA mandate to develop institutional-grade gold-backed stablecoin.

VCI Global surged 54.28% 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 project, set to launch in Q2 2026, includes institutional-grade custody in Switzerland and Singapore, Big Four audit attestation, and multi-currency settlement capabilities. The mandate highlights VCI Global’s strategic positioning in the expanding RWA market, which reached $24 billion in June 2025, and positions Smart Bridge to generate recurring revenue through consultancy, infrastructure deployment, and ongoing services. This development aligns with the company’s focus on digital asset infrastructure and underscores long-term growth potential in tokenized real-world assets.