China-based Webus International has formally disclosed plans to build a $300 million XRP-focused corporate treasury.
Author: Sahil Thakur
Written On: Thu, 05 Jun 2025 03:43:16 GMT
China-based Webus International has formally disclosed plans to build a $300 million XRP-focused corporate treasury. The company filed a Form 6-K with the U.S. Securities and Exchange Commission (SEC) to inform investors of the initiative, which will be funded through non-equity financing and credit lines.
The plan includes integrating Ripple’s blockchain payment infrastructure into Webus’ AI-powered mobility services. This would allow the firm to use XRP for faster international payments tied to its chauffeur and hospitality offerings.
To execute its strategy, Webus has partnered with U.S.-based asset manager Samara Alpha Management. Together, they intend to build out a framework for crypto operations and cross-border payments, centered on XRP as a reserve asset.
While no final decision has been made, the SEC filing indicates a firm step toward implementation. The initiative follows Webus’ Nasdaq debut in February 2025, where it raised $8 million in an initial public offering.
Webus is one of several companies exploring strategic reserves beyond Bitcoin and Ethereum. Energy firm VivoPower recently announced a $121 million XRP treasury project. Meanwhile, Florida-based Wellgistics has also taken steps to integrate XRP payments and fund a digital reserve using a $50 million credit line.
These moves suggest a growing interest in Ripple’s ecosystem among institutional players, particularly for businesses seeking efficient global settlement solutions.
Webus’ treasury plans are still in development, but the filing highlights rising corporate adoption of crypto assets beyond the typical blue chips. If finalized, the $300 million XRP reserve would be among the largest of its kind.
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