VCI Global Limited (NASDAQ:VCIG) is one of the worst performing NASDAQ stocks so far in 2026. On May 7, VCI Global entered a binding term sheet for a strategic investment in a Brazilian gold mining asset estimated to contain 59.9 tonnes of gold. The company will act as the Engineering, Procurement, and Construction partner and holds an option to acquire a majority 51% stake.

This investment aligns with VCI Global’s strategy to integrate physical commodities into its Real-World Asset/RWA) and digital asset infrastructure. The project is currently in the early development phase, with future progression dependent on technical validation, permitting, and financing.