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.