VCI Global Launches Gold Treasury Program Backed by Physical Gold and Tether Gold
VCI Global Limited (RCID) launched a strategic gold treasury program on May 14, combining physical gold holdings with Tether Gold (XAUT) as a dual-asset reserve strategy, according to a GlobeNewswire release. The Malaysian-listed advisory and investment firm said the program is designed to hedge against currency volatility and macro uncertainty.
VCI Global is one of the first publicly listed advisory firms in Southeast Asia to formally adopt a gold-backed digital asset as a treasury component.
The Program Structure
VCI Global’s treasury program holds physical gold alongside XAUT tokens. XAUT is a digital asset issued by Tether where each token represents ownership of one troy ounce of gold held in Swiss vaults, based on issuer disclosures and periodic attestation reports.
The program gives VCI Global liquid exposure to gold prices through on-chain settlement while retaining traditional physical reserves. The company did not disclose the initial capital allocated to the program.
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Background
Tether Gold was launched by Tether in January 2020 as a gold-backed digital token on the Ethereum (ETH) and Tron (TRX) blockchains.
Each XAUT token is redeemable for physical gold and is backed by allocated gold bars stored in Switzerland. Corporate treasury adoption of gold-linked digital assets has accelerated in 2025 and 2026 as firms seek alternatives to U.S. dollar-denominated reserves.
VCI Global has previously made moves into cryptocurrency and digital asset advisory services, positioning its treasury strategy as consistent with its broader business orientation.
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Outlook
The VCI Global announcement adds to a growing list of companies using Tether’s product suite for corporate treasury management, with Tether Investments and Tether Gold appearing in multiple corporate filings this month. For VCI Global, the program’s success will depend on XAUT’s liquidity profile and Tether’s continued attestation discipline.
Investors will watch for the company’s next quarterly filing to see whether the gold treasury program is reflected in its balance sheet at a material scale.
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