-
Webus International is advancing its XRP treasury strategy with a recent SEC filing, signaling growing institutional interest in digital asset reserves.
-
The Chinese AI-powered mobility firm aims to raise $300 million through non-equity financing to support a strategic XRP reserve for cross-border payments.
-
According to XRP lawyer Bill Morgan, Webus has formalized a Delegated Digital-Asset Management Agreement with an SEC-registered manager to establish a robust framework for its XRP treasury operations.
Webus International files with SEC to launch $300M XRP treasury, highlighting institutional momentum in Ripple’s ecosystem and strategic digital asset management.
Webus International’s Strategic XRP Treasury Initiative Gains Regulatory Traction
Webus International, a China-based AI mobility company, has taken a significant step forward in its digital asset strategy by filing Form 6-K with the U.S. Securities and Exchange Commission (SEC). This filing outlines the company’s plan to create a dedicated XRP treasury, a move designed to enhance its cross-border payment capabilities. The initiative follows Webus’s May 29 announcement to raise $300 million through non-equity financing, aimed specifically at building a strategic reserve of XRP tokens.
The company’s CEO, Nan Zheng, emphasized that the XRP reserve could mitigate traditional payment system limitations by enabling faster and more efficient transactions. To ensure compliance and strategic oversight, Webus has partnered with Samara Alpha, an SEC-registered asset manager, to manage the digital asset treasury framework. This collaboration underscores the company’s commitment to regulatory transparency and operational rigor in managing its crypto holdings.
Delegated Digital-Asset Management Agreement: A Framework for Future Growth
The recent SEC filing also reveals that Webus has signed a Delegated Digital-Asset Management Agreement with a delegated manager. This agreement establishes a structured approach to managing potential future digital asset treasury operations, focusing primarily on XRP. Legal expert Bill Morgan highlighted this development on social media, noting the company’s strategic alignment with regulatory standards and asset management best practices.
This framework is expected to provide Webus with the flexibility to adapt its treasury operations in response to evolving market conditions and regulatory environments, positioning the firm as a forward-thinking player in the crypto space.
Ripple’s Regional Expansion Accelerates with Dubai Stablecoin Approval
Complementing Webus’s treasury plans, Ripple has secured a key regulatory milestone with the Dubai Financial Services Authority (DFSA) approving its RLUSD stablecoin for use within the Dubai International Financial Centre (DIFC). This approval allows RLUSD to be integrated into DFSA-licensed payment platforms, bolstering Ripple’s footprint in the Middle East and supporting its broader strategy for regional expansion.
This regulatory endorsement not only enhances Ripple’s credibility but also facilitates greater adoption of its blockchain solutions in a region increasingly focused on fintech innovation and digital asset integration.
Institutional Interest in XRP Expands Beyond Asia
Further evidence of growing institutional engagement with XRP comes from Nasdaq-listed energy company VivoPower International, which recently announced a $121 million private placement to establish its own XRP treasury. This move highlights the token’s appeal across diverse sectors and geographies, reflecting confidence in XRP’s utility as a strategic digital asset.
Despite these developments, XRP’s market price has remained relatively stable, trading at approximately $2.25 with a modest 1.4% increase over the past 24 hours. This stability suggests that while institutional interest is rising, broader market dynamics continue to influence price movements.
Conclusion
Webus International’s SEC filing and strategic partnership with Samara Alpha mark a pivotal moment in institutional adoption of XRP, emphasizing a disciplined approach to digital asset treasury management. Coupled with Ripple’s regulatory advancements in Dubai and increasing corporate treasury allocations like VivoPower’s, these developments underscore a maturing ecosystem. As XRP continues to gain traction among institutional players, stakeholders should monitor how these strategic initiatives influence both market dynamics and the broader adoption of blockchain-based payment solutions.
