02.07.2025 03:40

Webus International, a significant player in the Chinese luxury mobility sector, has secured a substantial $100 million equity line of credit from Ripple Strategy Holdings. This strategic investment will fuel the company's ambitious plans to expand its XRP treasury and integrate blockchain technology into its operations.

This substantial injection of capital will primarily be used to bolster Webus's blockchain-based payment systems and loyalty programs. Furthermore, the funding will allow for significant development in their delegated crypto asset management services, a move signifying Webus's commitment to the burgeoning digital asset landscape.

A key focus for Webus is the integration of tokenized payments into its flagship platform, Wetour, a luxury travel and mobility service. This innovative approach promises to streamline transactions and enhance the user experience for Wetour's discerning clientele.

The deal comes at a time of increased XRP adoption in Asia, with numerous businesses exploring the potential of real-time, cross-border payments facilitated by blockchain technology. Webus's significant investment underscores this growing trend, highlighting the potential for XRP to revolutionize financial transactions within the region and beyond. The move positions Webus at the forefront of this technological shift, leveraging the efficiency and transparency offered by XRP's underlying blockchain. The company's strategic partnership with Ripple Strategy Holdings solidifies its commitment to this transformative technology. Sources from internet sources confirm this significant development.