Treasure Global Raises FY26 Revenue Target To ~$3M, Driven By OXI Wallet, UNIRWA Token And Quarters Elite Expansion

Benzinga · 1d ago

Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), a Southeast Asia–anchored technology company, today announced an updated full-year 2026 revenue target of approximately USD 3 million. This reflects a projected 1,500%+ revenue increase for the remainder of 2026 (Q2–Q4) versus 1Q 2026 revenues of USD 182,527, driven by accelerating adoption across the Company's integrated fintech and digital asset ecosystem.

This updated outlook raises the Company's prior 2026 revenue target of approximately USD 1 million announced on December 1, 2025, reflecting a strengthened capital plan and increased visibility into the commercialization of OXI wallet, the UNIRWA real-world asset ("RWA") token initiative, and the proposed Quarters Elite acquisition.

Earlier in December, Treasure Global completed a 1-for-20 reverse stock split, reducing the number of outstanding shares and strengthening the per-share price in alignment with Nasdaq listing requirements. Management views this step, together with recent equity financing activity under an existing institutional purchase agreement, as part of the Company's ongoing efforts to optimize its capital structure, enhance marketability, and support the execution of its 2026 growth plan.

Key Operational Milestones Driving Revenue Acceleration

  • OXI Wallet – Institutional-Grade Digital Asset Platform

    On track for a 1H 2026 market launch, OXI wallet is designed with institutional-grade security, multi-chain interoperability, and full regulatory compliance. The platform is expected to manage up to USD 10 billion in user-held digital assets during its first year, generating revenue from wallet fees, debit card transactions, listing fees, and tokenization services. As OXI wallet moves from development into commercialization, Treasure Global anticipates increasing contributions from recurring, fee-based revenue streams.
  • UNIRWA Token – Exclusive Treasury Manager Mandate for 200 Million RWA Tokens

    Through its subsidiary Tadaa Technologies, Treasure Global has secured an exclusive partnership as the proposed treasury manager for 200 million UNIRWA tokens, expected to represent up to USD 100 million in underlying real estate and hospitality assets across Southeast Asia upon full deployment. The parties are working toward final definitive agreements, subject to customary conditions and applicable regulatory approvals. Tadaa Technologies expects to generate revenue through management fees, transaction fees, and tokenization services, positioning Treasure Global as a rising force in regulated RWA finance and integrating UNIRWA into the OXI wallet ecosystem.
  • Quarters Elite – Proposed Acquisition to Expand Distribution and Recurring Revenue

    Treasure Global has entered into heads of terms for the proposed acquisition of a 51% equity interest in Quarters Elite Advisory Sdn. Bhd. ("Quarters Elite"), a Malaysian financial advisory organization managing approximately USD 150 million in client assets. Quarters Elite's network of over 350 professional consultants serving nearly 3,000 clients is expected to provide a powerful distribution channel for OXI wallet and future digital asset and RWA products, while supporting recurring fee-based advisory and wealth-management revenue. The proposed transaction remains subject to the negotiation and execution of definitive agreements, completion of due diligence, and customary closing conditions.

Together, OXI wallet, the UNIRWA RWA token initiative, and the proposed Quarters Elite acquisition form a connected fintech and digital asset ecosystem designed to drive multi-fold revenue growth, diversify the Company's income base, and enhance long-term scalability.