XRP Strategy Strengthens as Webus Secures $100M Equity Line Agreement
2025-07-03 02:35:38
Main Idea
Webus International Ltd. has secured a $100 million equity line agreement to strengthen its XRP-driven financial strategy, aiming to scale its crypto-enabled payments and blockchain-based initiatives.
Key Points
1. Webus signed a conditional Securities Purchase Agreement with Ripple Strategy Holdings for a senior equity line of credit of up to $100 million.
2. The funding will be accessed over a 24-month period with tranche sizes ranging from $250,000 to $3 million.
3. Proceeds will support Webus’s XRP treasury strategy, including crypto-enabled payments and blockchain-based loyalty programs.
4. CEO Nan Zheng stated the funding reflects confidence in Webus’s long-term XRP strategy and provides flexibility for strategic capital raising.
5. Webus has also established a cap of up to $300 million for XRP-focused treasury operations to enable blockchain-backed liquidity.
Description
Webus is activating $100 million in XRP-driven funding to scale its XRP treasury strategy, expand crypto payments, and accelerate global growth across mobility and loyalty sectors. 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
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