Webus to Supercharge XRP-Powered Financial Strategy
A strategic leap toward crypto treasury innovation is unfolding as Webus International Ltd. (Nasdaq: WETO) announced that it has secured capital to strengthen its XRP-driven financial framework across key international markets. The company stated on July 1 that it “signed a conditional Securities Purchase Agreement with Ripple Strategy Holdings for a senior equity line of credit of up to US$100 million.”
The agreement, pending regulatory and underwriting approvals, allows Webus to access the funding over a 24-month period with tranche sizes ranging from $250,000 to $3 million. This funding mechanism is designed for controlled, market-sensitive capital deployment, aimed at supporting long-term growth with minimal shareholder dilution. The company outlined its use of proceeds, stating:
The proceeds are expected to support the growth of Webus’s XRP treasury strategy, including crypto-enabled payments, blockchain-based loyalty programs, and other initiatives tied to its global expansion.
Chief Executive Officer Nan Zheng added perspective on the funding’s strategic value: “This $100 million facility reflects strong confidence in our long-term XRP strategy … It provides us flexibility to raise capital strategically, only when needed, while minimizing shareholder dilution. We believe this will help us accelerate the growth across North America and Asia-Pacific, and strengthen our leadership in crypto-powered premium mobility.”
In a parallel move, Webus has implemented a Delegated Digital-Asset Management Agreement with an authorized cap of up to $300 million for XRP-focused treasury operations. This framework enables blockchain-backed liquidity strategies aimed at enhancing the efficiency of cross-border mobility services. Advocates argue that such integration can optimize settlement speed and reduce costs, even as regulatory scrutiny around crypto assets continues to evolve.
