Treasure Global launches OXI Visa card for TGL shareholders

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Reviewed by
Shriram SScanX News Team
Key Highlights

Treasure Global Inc. launched an exclusive offer of 100 complimentary OXI Visa Cards for eligible TGL shareholders, effective July 7, 2026, following its access to a Canadian MSB registration. The OXI Card features contactless payments and international compatibility, supporting the company's expansion into cross-border payments and stablecoin settlement. The initiative targets a global cross-border payments market projected to reach US$320 trillion by 2032.

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Treasure Global Inc. announced an exclusive offer of 100 complimentary OXI Visa Cards to eligible TGL shareholders, marking a new phase in the commercialization of its OXI Wallet platform following access to a Canadian Money Services Business (MSB) registration. The initiative, effective July 7, 2026, allows qualifying shareholders to experience the ecosystem's payment capabilities firsthand, subject to terms and conditions. This move supports the company's strategy to integrate digital financial services with traditional payment infrastructure.

"We are pleased to celebrate this important milestone together with our shareholders," said Sam Teo, Acting Chief Executive Officer of Treasure Global. "By offering 100 complimentary OXI Visa Cards, we are providing eligible shareholders with an opportunity to experience the OXI ecosystem directly as we continue advancing our broader fintech and digital financial services strategy."

The OXI Card enables users to access and spend funds through established card payment infrastructure, featuring contactless payments, international merchant compatibility, and ATM withdrawal capabilities. The launch follows the company's secured access to a Canadian MSB registration, which positions OXI Wallet to expand capabilities including cross-border payments, remittances, foreign exchange services, and stablecoin-enabled settlement.

Treasure Global targets the global cross-border payments market, which FXC Intelligence reported at US$194 trillion in annual flows as of 2024, projected to reach US$320 trillion by 2032. DefiLlama reported that the global stablecoin market surpassed US$320 billion in circulating supply in 2026. These figures underscore the scale of the digital settlement infrastructure the company aims to serve.

Market Metrics

Metric Value
Global cross-border payments flows (2024) US$194 trillion
Projected global cross-border payments flows (2032) US$320 trillion
Global stablecoin market circulating supply (2026) > US$320 billion

Eligible TGL shareholders can claim their complimentary OXI Card by visiting OXI’s official website at oxiwallet.co. Treasure Global continues to leverage its ZCITY Super App, which had 2.71 million registered users as of March 31, 2026, to drive digital transformation in retail and services.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What metrics will Treasure Global use to determine the success of this shareholder pilot before rolling out the OXI Visa Card to the wider ZCITY user base?

How will the company leverage its Canadian MSB registration to expand cross-border payment capabilities into other regulatory jurisdictions?

What are the specific revenue models associated with the OXI Wallet, particularly regarding transaction fees and foreign exchange spreads?

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Treasure Global secures exclusive AI platform deal for Malaysia's government sector

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Reviewed by
Anirudha BScanX News Team
Key Highlights

Treasure Global's subsidiary Tadaa Technologies signed an exclusive agreement with Nervesis to distribute the ZYGY Social Listening Platform to Malaysia's government sector. The deal grants Tadaa rights to commercialize and support the platform, targeting recurring revenue through subscriptions and services. This aligns with Malaysia's digital transformation goals, where over 373,000 civil servants use AI tools.

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Treasure Global's subsidiary Tadaa Technologies has entered into an exclusive distribution and maintenance agreement with Nervesis for the AI-powered ZYGY Social Listening Platform. The agreement grants Tadaa exclusive rights to commercialize, deploy, and support the platform for government sector use cases across Malaysia. This strategic expansion aims to generate recurring revenue through software subscriptions, enterprise deployment services, and ongoing platform support.

Strategic Expansion and GovTech Alignment

The agreement strengthens Treasure Global's position within Malaysia's GovTech ecosystem. Malaysia is advancing its digital transformation in the public sector, with increasing integration of AI across governance workflows and citizen engagement frameworks. According to the Ministry of Digital, over 373,000 civil servants have utilized AI-enabled tools through the AI@Work initiative as of December 2025.

Roles and Responsibilities

Under the agreement, Tadaa is appointed as the exclusive distributor and maintenance provider for government sector deployments of the ZYGY Social Listening Platform in Malaysia. The collaboration delineates specific responsibilities for both parties:

Entity Role
Tadaa Technologies Commercialization, distribution, deployment, implementation, training, and lifecycle support for public-sector clients
Nervesis Platform innovation, engineering development, and feature expansion

Management Commentary

"This agreement accelerates our expansion into high-growth enterprise AI and GovTech markets," said Sam Teo, Acting Chief Executive Officer of Treasure Global. He added that the exclusive rights position the company at the center of growing demand for AI-driven intelligence solutions across government organizations, with strong potential to build a recurring revenue base.

Company Profile

Treasure Global is a Malaysia-based technology solutions provider specializing in innovative platforms that drive digital transformation in retail and services. The Company's flagship product is the ZCITY Super App, which integrates e-payment solutions with customer loyalty rewards. As of March 31, 2026, ZCITY has attracted 2.71 million registered users.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What is the projected financial impact of this agreement on Treasure Global's revenue for the upcoming fiscal year?

How will Treasure Global leverage the user base of its ZCITY Super App to support the government deployment of the ZYGY platform?

Are there plans to expand this exclusive distribution agreement to other sectors within Malaysia or to international markets?

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