VCI Global Limited secured a $200 million real‑world‑asset (RWA) consultancy mandate to design and launch Bridge Gold, a gold‑backed stablecoin that will be issued by its wholly‑owned subsidiary Smart Bridge Technologies. The project is slated to begin in the second quarter of 2026 and will support transactions in USD, EUR and SGD.
Bridge Gold will be fully audited and backed by physical gold stored in bank‑grade vaults in Switzerland and Singapore. An independent Big‑Four audit firm will verify the gold holdings, ensuring custody integrity and regulatory transparency. The stablecoin’s multi‑currency support positions it to serve global institutional treasuries and corporate clients seeking a reliable, gold‑backed digital asset for cross‑border payments and collateral use in decentralized finance.
The RWA market, which excluded stablecoins, was valued at more than $24 billion in June 2025 and is projected to grow into the multi‑trillion‑dollar range. By winning this mandate, VCI Global taps into a high‑growth segment that is attracting institutional demand for tokenized real assets. The $200 million fee will generate recurring revenue from consultancy, infrastructure deployment and ongoing maintenance services, while the Bridge Gold stablecoin itself is expected to become a long‑term income source as it gains market adoption.
VCI’s strategic focus on “sovereign‑ready digital ecosystems” is reinforced by this contract. Smart Bridge Technologies, which is developing an Ethereum‑based crypto‑fi platform for Q2 2026, will use the Bridge Gold project to showcase its tokenization capabilities and to deepen relationships with institutional investors. The project aligns with VCI’s broader transformation toward AI infrastructure, stablecoin payments and digital‑asset advisory services in the ASEAN and MENA regions.
CEO Dato’ Victor Hoo said the mandate “reflects our vision to bridge traditional finance and Web3, offering trusted, audited, asset‑backed infrastructure in a market that has already grown to over $24 billion and may scale into multi‑trillions.” CEO Henry Chai of Smart Bridge added that the stablecoin will “deliver one of the world’s most trusted digital gold assets, built to the highest standards of custody, audit integrity and regulatory transparency.”
Financially, VCI Global reported record revenue of $27.8 million for fiscal year 2024, a 41 % year‑over‑year increase, and projects 70 % growth to $47.3 million for fiscal year 2025. The Bridge Gold mandate is a significant addition to this trajectory, providing a new high‑margin revenue stream that complements the company’s existing digital‑asset and AI businesses.
The project’s start in Q2 2026 also positions VCI to capture early market share in the gold‑backed stablecoin niche, which is currently dominated by a few large issuers. By offering a multi‑currency, audited product, VCI can differentiate itself and attract institutional clients seeking regulatory compliance and custody assurance.
Overall, the $200 million mandate signals confidence from institutional investors in VCI’s technology and execution capabilities, and it strengthens the company’s competitive position in a market poised for explosive growth.
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