24/7 Market News Snapshot 16 July, 2025 – VCI Global Limited Ordinary Share (NASDAQ:VCIG)

July 16, 2025

DENVER, Colo., 16 July, 2025 (www.247marketnews.com) – (NASDAQ:VCIG) are discussed in this article.
VCI Global Limited (NASDAQ:VCIG) has captured significant market attention with its ordinary shares experiencing a substantial pre-market surge, climbing 24.42% to achieve a trading price of $1.294, up from $1.040. This notable increase, supported by a trading volume of 3.75 million shares, indicates robust investor confidence and enthusiasm about the company’s future prospects.

In a strategic development, VCI Global has also announced its intention to enhance its investment capabilities by entering a definitive agreement to acquire V Capital Fund Management Limited, a licensed fund management entity. The acquisition is part of VCI Global’s goal to establish itself as a pioneer in providing next-generation investment solutions, particularly in the ever-expanding digital asset landscape. Expected to conclude in the third quarter of 2025, subject to regulatory approvals, this acquisition will enable VCI Global to tap into a well-regarded asset management framework and operationalize investment strategies within a secure regulatory environment.

With the completion of this acquisition, VCI Global plans to launch the VCIG Bitcoin Fund, an investment vehicle aimed at qualified investors seeking exposure to Bitcoin. This professionally managed fund will cater to high-net-worth individuals, family offices, and institutional clients, offering a streamlined and compliant avenue into the evolving digital asset sector.

Recognizing the growing interest in cryptocurrencies, VCI Global aims to provide Asian investors with access to these assets, overcoming potential regulatory hurdles that have previously limited participation. Dato’ Victor Hoo, Group Executive Chairman and CEO, articulated the company’s vision, stating, “This acquisition strategically positions us at the intersection of traditional finance and digital assets, allowing us to support institutional investors with secure access to the evolving digital ecosystem.”

As VCI Global navigates this transformative phase, it remains committed to fostering innovation, financial excellence, and sustainable growth across its diverse portfolio of industries, while integrating digital investments within the traditional financial framework.

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