Funding to Accelerate XRP Treasury Strategy Growth
Webus International Limited ("Webus"), a leading AI-driven mobility solutions provider, announced a strategic partnership with Ripple Strategy Holdings to integrate XRP into its treasury operations. The collaboration includes a conditional equity line of credit of up to $100 million, aimed at advancing Webus' crypto-enabled initiatives.
Key Highlights:
- $100M Equity Line: Structured as a shareholder-friendly financing tool with market-based pricing and minimal dilution.
- XRP Treasury Growth: Funds will support crypto payments, blockchain loyalty programs, and global expansion.
- 24-Month Flexibility: Drawdowns range per tranche, contingent on market conditions and capital needs.
Strategic Impact
Nan Zheng, CEO of Webus, emphasized the partnership’s role in strengthening the company’s XRP treasury strategy:
"This facility provides strategic capital to scale our crypto-powered mobility services across North America and Asia-Pacific, reinforcing our leadership in premium transportation."
Webus’ Crypto Vision
Webus is pioneering blockchain integration through:
- Digital Asset Management: Delegated framework for XRP treasury operations (authorized cap: $100M).
- Cross-Border Solutions: Leveraging XRP for seamless global payments.
- AI-Driven Mobility: Combining blockchain with real-time multilingual itinerary management.
FAQs
1. How will Webus use the $100M funding?
The capital will expand Webus’ XRP treasury strategy, including crypto payments, loyalty programs, and mobility service enhancements.
2. What are the terms of the equity line?
Drawdowns are available over 24 months, with tranches sized based on market conditions, minimizing shareholder dilution.
3. Why is XRP central to Webus’ strategy?
XRP’s efficiency in cross-border transactions aligns with Webus’ global expansion and blockchain-based mobility solutions.
👉 Explore Webus’ innovative crypto integration
Forward-Looking Statements
This release contains projections subject to risks, including market conditions and SEC approvals. Details are available in Webus’ SEC filings.
Investor Contact:
Annabelle Li
Email: [email protected]
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