By Chris Wack


VCI Global shares were up 31% at $4.27 after the company said it has begun the application process to dual list its shares on Upstream, a trading app for digital securities and NFTs powered by Horizon Fintex and MERJ Exchange.

The company said the planned dual listing on Upstream is designed to provide it with the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal and the U.S. dollar.

Approval to be listed on Upstream is subject to acceptance by MERJ. However, as an existing Nasdaq issuer, VCI Global may be eligible for an expedited listing process.


Write to Chris Wack at chris.wack@wsj.com


(END) Dow Jones Newswires

05-11-23 1101ET