BREAKING
256d 5h ago

Webus International Limited Seeks $300 Million Financing Strategy to Establish XRP Reserve for Global Payment Solutions

XRP

XRP/USDT

$1.455
+3.23%
24h Volume

$2,431,226,288.85

24h H/L

$1.4703 / $1.4052

Change: $0.0651 (4.63%)

Long/Short
70.2%
Long: 70.2%Short: 29.8%
Funding Rate

-0.0145%

Shorts pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.4639

2.87%

Volume (24h): -

Resistance Levels
Resistance 3$1.8487
Resistance 2$1.6763
Resistance 1$1.487
Price$1.4639
Support 1$1.3865
Support 2$1.2841
Support 3$1.1172
Pivot (PP):$1.448
Trend:Downtrend
RSI (14):36.8

On May 30th, COINOTAG News reported that Webus International Limited, a prominent mobile transportation service provider, is carefully evaluating a robust financing strategy that could amount to $300 million. This initiative aims to create an XRP reserve which will be pivotal for enhancing its global payment solution capabilities. The proposed strategy encompasses various non-equity financing instruments alongside potential options like using existing cash reserves, securing bank loans, and leveraging shareholder guarantees.

By focusing on these non-dilutive financing avenues, Webus seeks to bolster its capital flexibility while ensuring sustained growth and protection of shareholder value. This approach aligns with the firm’s long-term vision to elevate its digital asset framework and advance its strategic objectives in cross-border payments. With this financing plan, Webus aims to position itself as a significant player in the evolving cryptocurrency landscape.

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