Webus Secures $100M Equity Line to Boost XRP Treasury Strategy
Webus partners with Ripple Strategy Holdings on a $100M equity line to accelerate its XRP treasury and blockchain payment initiatives.
- $100M conditional equity line from Ripple Strategy Holdings.
- Funds to support XRP-powered payments, loyalty, and global expansion.
- 24-month draw-down period with minimal shareholder dilution.
Webus Taps Ripple Strategy to Expand XRP Usage
Chinese tech and transportation firm Webus International has entered into a major funding agreement with Ripple Strategy Holdings, securing a conditional equity line of up to $100 million. This move is designed to accelerate Webus’s XRP treasury strategy, supporting its broader ambition to integrate blockchain payments and customer loyalty systems into its growing business.
Under the agreement, Webus can draw down funding over a 24-month period in tranches between $250,000 and $3 million, depending on market conditions and regulatory approvals. CEO Nan Zheng said the partnership reflects long-term confidence in the company’s goals, allowing flexible funding with limited shareholder dilution.
Focus on Payments, Loyalty, and Global Growth
The capital from this equity line will fund multiple key initiatives:
- Implementing XRP-powered crypto payments across Webus’s premium chauffeur services.
- Developing a blockchain-based loyalty platform for customer rewards and retention.
- Fueling expansion into North American and Asia-Pacific markets, where digital asset adoption is rapidly accelerating.
Webus’s move mirrors a growing trend among companies seeking to use digital assets like XRP not just for investment, but as part of their core financial and customer engagement operations.
Strategic Benefits and Market Impact
Unlike traditional equity deals, this structure gives Webus capital flexibility while protecting against unnecessary dilution. It also aligns the firm with Ripple’s ecosystem, tapping into XRP’s low-cost and fast-settlement network.
The market responded positively. Following the announcement, Webus stock saw a sharp increase in trading volume and a brief price surge—reflecting investor enthusiasm for the company’s innovative financial approach.
This partnership highlights the growing role of digital assets in corporate treasury management, and positions Webus as a trailblazer in integrating blockchain solutions into real-world business models.
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