Despite $100M OOB Investment Backed by Solana Founder, VCI Global Stock Collapses Nearly 99.9% This Year

ser_ngmi · 2026-01-05T14:47:54+00:00

VCI Global's equity plummeted 99.9% this year despite a $100 million investment in OOB tokens, primarily through equity swaps. Trading volatility and market skepticism persist as investors doubt the company's execution and value, even amid positive trends in the Solana network.

ser_ngmi

2026-01-05 14:47:54

Abstract generation in progress

VCI Global’s equity has experienced a catastrophic decline, dropping 99.9% year-to-date even with a substantial $100 million strategic investment in OOB tokens. The funding round featured prominent backers including Tether and Solana co-founder Anatoly Yakovenko, yet failed to stabilize the company’s market value, which now stands at a mere $7.66 million.

Investment Structure Raises Questions

The deal’s mechanics reveal interesting complexities. Of the $100 million commitment, 98.4% of token transfers occurred through equity swaps rather than direct capital injection, indicating a primarily non-cash arrangement. Tether secured 39.8% of the PIPE shares, cementing its role as the largest institutional participant in the round.

Trading Volatility Signals Market Skepticism

December 4 witnessed notable trading activity, with shares hitting 5.7 million in volume—triple the 30-day average. However, this spike reflected liquidation rather than bullish sentiment. The stock closed that day at $1.17, representing a staggering decline from its adjusted IPO price of $1,440.

The Solana Ecosystem Paradox

The timing presents a curious disconnect. Solana’s total value locked reached $10 billion in November, demonstrating robust network growth. Meanwhile, Oobit completed its migration to the Solana blockchain to enhance settlement speed. Yet despite these positive ecosystem developments, VCI Global’s equity trajectory remained firmly negative, suggesting investors view the company independently from broader Solana momentum.

RWA Plans Meet Lukewarm Reception

Early December brought an additional announcement: a $200 million real-world asset authorization. Market participants, however, remained unconvinced, maintaining bearish positioning through year-end. The disconnect between headline initiatives and actual market performance underscores deep investor concerns about VCI Global’s execution and fundamental value proposition.

SOL1,52%

TOKEN6,37%

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