In a pivotal move that underscores the growing convergence of traditional finance and digital assets, VCI Global Limited’s subsidiary Smart Bridge Technologies Limited is gearing up to launch an Ethereum-based crypto-fiat platform. Slated for a 2026 Q2 debut, the platform promises to revolutionise the way investors interact with tokenised assets.
Notably, the Ethereum-based platform is poised to seamlessly integrate digital assets, gold, and traditional finance within a unified and regulated ecosystem, offering investors a secure, compliant, and frictionless gateway to the world of tokenised assets.
As the digital finance space continues to evolve, this pioneering platform is expected to play a significant role in shaping the future of asset tokenization and crypto-fiat transactions.
VCI Global Subsidiary to Launch Ethereum-Based Gold-Backed Platform
The Nasdaq-listed VCI Global has announced that its subsidiary Smart Bridge Technologies Limited is set to launch an innovative Ethereum-based platform in the second quarter of 2026. This platform will integrate crypto, gold, and traditional finance in a single, regulated ecosystem.
By harnessing the power of blockchain technology and leveraging its native utility token, XVIQ, Smart Bridge is set to bridge the liquidity gap between traditional and on-chain economies, unlocking new opportunities for institutional and retail investors alike. The firm aims to tackle a major hurdle in digital finance by combining decentralized technology with regulated financial gateways, effectively bridging the liquidity gap between traditional and on-chain economies. Smart Bridge CEP Henry Chai noted,
“Smart Bridge is a strategic extension of VCI Global’s mission to develop cross-sector technology platforms that drive long-term value. By bridging the gap between tangible assets and digital liquidity, we are creating pathways for institutional investors to participate confidently in the tokenized economy.”
Bridge Gold (BGD)
At the heart of the project is Bridge Gold (BGD), a tokenized representation of investment-grade gold with 99.99% purity, securely stored in audited vaults in Singapore and Switzerland. Each BGD token is backed by a verifiable physical gold reserve, combining the benefits of blockchain transparency and efficiency with the stability of tangible assets, offering investors flexibility and enduring value.
What to Expect?
Smart Bridge’s upcoming Ethereum platform is set to strengthen its investor proposition with a robust suite of features. These include an Ethereum-native multi-asset ecosystem that seamlessly connects crypto, fiat, and tokenized real-world assets, and XVIQ, the primary utility and transaction token that will power network operations.
Additionally, Bridge Gold will offer a stable store of value, fully backed by audited 999.9 gold reserves in Singapore and Switzerland. The platform will also feature an integrated crypto-fiat gateway, providing direct access for both institutional and retail investors.
VCIG Stock Price Surges
In response to the platform’s Ethereum-based crypto platform launch announcement, the VCIG stock price saw a significant price surge. Currently valued at $2.86, the shares are up by a massive 21% over the last 24 hours. However, the stock has seen notable declines of 22% and 69.5% over the last five days and last month, respectively.
Ethereum Price Rebounds
The Ethereum price has been navigating a challenging path in the aftermath of the recent crypto market crash. After surging to a high of around $4,700 earlier this month, the altcoin dipped to a low of $3,700 after the 1011 crash.
Following the downtrend, the cryptocurrency has been struggling to rebound. The latest VCIG development has made a notable impact on the ETH price as the crypto has seen a marginal surge of 0.75% over the past day. However, currently trading at $3,857, ETH is down by 4.2% and 7.9% over the past week and month, respectively.
