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VCI Global Soars 82.69% on Bitcoin Fund Launch

Generated by AI AgentAinvest Pre-Market Radar

Wednesday, Jul 16, 2025 8:19 am ET1min read

Aime Summary

- VCI Global's stock surged 82.69% pre-market July 16 after acquiring a Malaysia licensed fund manager to launch the VCIG Bitcoin Fund.

- The acquisition creates a regulated pathway into the $1.2T Bitcoin market, targeting institutional and high-net-worth investors.

- The fund aims to provide professional Bitcoin exposure, strengthening VCI's position in crypto asset management.

- This move is expected to attract investors seeking compliant crypto investments amid growing institutional demand.

On July 16, 2025, VCI GlobalVCIG-- surged by 82.69% in pre-market trading, marking a significant rise in its stock price.

VCI Global has announced its strategic acquisition of a licensed fund manager in Malaysia's Labuan jurisdiction. This move is aimed at launching the VCIG Bitcoin Fund, a USD-dominated, professionally managed investment vehicle designed to provide institutional-grade exposure to Bitcoin for high-net-worth individuals and institutional investors.

The acquisition creates a regulated pathway for VCI Global to tap into the $1.2 trillion Bitcoin market, offering a new avenue for institutional investors to engage with the cryptocurrency space. This development is expected to enhance VCI Global's market position and attract more investors seeking exposure to Bitcoin through a regulated and professionally managed fund.

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