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The investment logic of the OOB project is actually quite clear.
VCI Global directly invested 100 million USD—50 million through over-the-counter trading, with a transaction price locked at 0.20 USD, and another 50 million is prepared to buy in the open market. More crucially, Tether has now become the largest shareholder. This substantial capital commitment means that there will be ongoing structured buying pressure released in the future.
Kraken just went live yesterday, and the price movement has been quite wild. After this round of operations, the chip structure and liquidity are being reshuffled. With institutions entering the market and support from top exchanges, the market sentiment shouldn't be too calm in the short term.