US EditionXRP Key in SEC Filing as Webus Builds Treasury Engine – Featured Bitcoin News
- On June 2, 2025, Nasdaq-listed Webus International announced a $300 million strategic plan to build an XRP reserve and blockchain treasury infrastructure.
- Webus's decision follows recent XRP futures listings and institutional interest, despite ongoing SEC legal uncertainty and a recent XRP price decline.
- Webus intends to use XRP to enable instant, low-cost cross-border payments within its AI-powered mobility and chauffeur businesses while developing blockchain wallets and Web3 tokens.
- CEO Nan Zheng emphasized that XRP’s affordability and fast transaction speed are essential for expanding cross-border payment capabilities, while the financing is supported through a mix of bank loans, institutional credit facilities, guarantees from shareholders, and the company’s own funds.
- This initiative positions Webus to lead digital asset use in mobility and highlights renewed institutional confidence in XRP amid evolving regulatory clarity outside the U.S.
17 Articles
17 Articles
XRP Drops to $2.19 Even as Webus Plans $300M Treasury and Hyperscale Joins In - Benzinga - Webus International (NASDAQ:WETO), Hyperscale Data (AMEX:GPUS)
XRP drops to $2.19, down 4.45% in a day, as Webus and Hyperscale announce $310M in investments. The market is cautious amid whale activity and legal issues.
Why are More Companies Building an XRP Reserve?
The growing trend of public crypto treasuries has sparked a race among altcoins. Each one vies to be the top choice for companies and institutions looking to establish strategic reserves. In this race, the XRP community offers several arguments highlighting XRP’s superiority. What are those arguments? This article dives in and explains. More Companies are Listing XRP as a Treasury Asset Recently, Webus International, a China-based company, filed…
Webus International Shocks Crypto Market With Bold SEC Filing
The post Webus International Shocks Crypto Market With Bold SEC Filing appeared first on Coinworldstory. Webus International files SEC notice for XRP treasury plans, signaling a major move toward Ripple integration in its global mobility payment systems. The post Webus International Shocks Crypto Market With Bold SEC Filing appeared first on Coinworldstory.
Nasdaq-Listed Webus Plans $300 Million XRP Treasury, XRP Ledger Integration
Nasdaq-listed Webus International (WETO) has unveiled plans to establish a corporate treasury strategy centered on XRP, signaling a major institutional step into the digital asset space. Trade Crypto on Kraken The latest entrant into the XRP treasury race The China-based AI-driven mobility firm signed a Delegated Digital-Asset Management Agreement with Samara Alpha Management LLC, a regulated investment adviser, granting Samara Alpha exclusive …
Webus Files with SEC for $300M XRP Reserve: A Strategic Move in Cross-Border Payments
Webus’s Strategic Filing with the SEC On June 2, 2025, Webus International Limited, a Nasdaq-listed company specializing in AI-driven mobility solutions, filed a Form 6-K with the U.S. Securities and Exchange Commission (SEC). The filing outlines the company’s intention to establish a $300 million XRP reserve, marking a significant step in integrating blockchain technology into its financial operations. This move aligns with the growing trend of…
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