[VCI Global Plans to Invest $100 Million to Acquire Oobit Tokens (OOB) Backed by Tether] BlockBeats News, November 12, according to The Block, Malaysian technology consulting company VCI Global plans to acquire $100 million worth of OOB tokens. OOB is a utility token of the crypto payment company Oobit, which is backed by Tether. According to the transaction structure, VCI Global has acquired $50 million worth of OOB tokens by issuing restricted shares to the OOB Foundation. The company stated on Tuesday that it plans to purchase an additional $50 million worth of tokens through the secondary market after the token's public offering. VCI Global indicated that upon completion of the transaction, Tether will become its largest shareholder.