US-listed company VCI Global acquires V Capital to launch a regulated Bitcoin fund

Nasdaq-listed VCI Global Limited has announced that it has signed a definitive agreement to acquire Malaysian licensed fund management company V Capital Fund Management Limited. It is reported that VCI Global will use the acquired license to launch the VCIG Bitcoin Fund, which will be a USD-denominated, professionally managed investment vehicle designed to provide qualified investors with institutional-grade Bitcoin investment opportunities. (Globenewswire) [Odaily Planet Daily News]