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Webus International Limited has secured a $100 million equity line with Ripple Strategy Holdings to accelerate its XRP treasury strategy and global expansion plans.
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The funding facility enables flexible drawdowns between $250,000 and $3 million over two years, supporting blockchain-based payment and loyalty systems.
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According to CEO Nan Zheng, this strategic partnership enhances Webus’s growth in North America and Asia-Pacific while minimizing shareholder dilution risk.
Webus partners with Ripple Strategy Holdings for a $100M equity line to boost XRP treasury, crypto payments, and global expansion in blockchain mobility services.
Webus Secures $100 Million Equity Line to Expand XRP Treasury and Blockchain Initiatives
Webus International Limited (NASDAQ: WETO), a leading provider of AI-driven chauffeur services, has entered into a Securities Purchase Agreement with Ripple Strategy Holdings, granting access to up to $100 million in equity capital over 24 months. This capital facility is structured to allow drawdowns ranging from $250,000 to $3 million per tranche, contingent on market conditions and internal capital strategy. The agreement emphasizes shareholder-friendly terms, including downside protection, ensuring strategic flexibility without significant dilution.
This infusion of capital is earmarked to enhance Webus’s XRP-based treasury operations, enabling the company to integrate crypto payments and blockchain loyalty programs into its service offerings. By leveraging XRP as a foundational element, Webus aims to streamline payment processes and foster customer engagement through innovative blockchain solutions.
Strategic Growth and Market Expansion Supported by Flexible Capital Deployment
CEO Nan Zheng highlighted the significance of this funding arrangement, stating, “This $100 million facility reflects strong confidence in our long-term XRP strategy. It provides us flexibility to raise capital strategically, only when needed, while minimizing shareholder dilution.” The company plans to utilize these funds to accelerate its footprint across key markets in North America and the Asia-Pacific region, aligning with its vision to become a leader in crypto-enabled mobility services.
The agreement’s execution is subject to regulatory approvals, including the effectiveness of a resale registration statement filed with the SEC and consent from Webus’s lead underwriter. Upon clearance, Webus will initiate drawdowns aligned with its capital requirements, ensuring prudent financial management while advancing its blockchain integration roadmap.
Implications for the Blockchain Mobility Sector and Industry Innovation
Webus’s collaboration with Ripple Strategy Holdings marks a pivotal shift towards embedding blockchain technology within traditional mobility services. By adopting XRP for treasury and payment functions, Webus is positioning itself at the forefront of crypto adoption in the transportation sector. This strategic move not only enhances operational efficiency but also opens new avenues for customer loyalty and engagement through blockchain-based incentives.
Industry analysts note that such partnerships underscore the growing trend of integrating digital assets into mainstream business models, reflecting broader institutional confidence in cryptocurrencies like XRP. Webus’s approach exemplifies how companies can leverage equity financing to support innovative blockchain applications while maintaining financial discipline.
Conclusion
Webus’s $100 million equity line with Ripple Strategy Holdings represents a significant milestone in its journey to embed XRP-driven solutions within its global operations. The facility’s flexible structure and shareholder-friendly terms provide a robust foundation for sustainable growth, enabling Webus to expand its blockchain-powered payment and loyalty systems across multiple regions. This strategic partnership not only reinforces Webus’s commitment to innovation but also signals a broader industry shift towards integrating cryptocurrency into everyday business processes.
