Webus International Limited has entered a strategic equity agreement with Ripple Strategy Holdings worth $100 million to expand its operations in XRP treasury management, cryptocurrency payments, and global blockchain mobility services.
The financing arrangement provides Webus with an equity line structured for incremental drawdowns between $250,000 and $3 million over a 24-month period. Capital deployment will focus on integrating XRP-based treasury loyalty programs and developing blockchain-enhanced customer engagement systems across mobility platforms.
Webus CEO Nan Zheng emphasized the strategic value of the funding facility, noting its design enables targeted capital raises while minimizing shareholder dilution. The agreement remains pending regulatory clearances and requires consent from Webus’s lead underwriter before implementation.
This collaboration highlights rising institutional confidence in XRP’s utility and blockchain technology applications within the mobility sector, positioning Webus to pioneer new fintech integrations in transportation services.