Webus International, a company traded on Nasdaq, has revealed a significant plan to secure as much as $300 million through debt financing—not by selling shares—to build a treasury fund held in XRP.
The goal behind this initiative is to strengthen the firm’s worldwide payment system by leveraging the XRP Ledger’s ability to deliver fast and affordable international money transfers. Announced on May 30, 2025, this move highlights the growing attention from institutions that view XRP as a viable alternative to conventional currencies and reserve holdings.
Webus International Targets $300M XRP Fundraiser
China-based luxury chauffeur service provider Webus International (NASDAQ: WETO) has announced an ambitious effort to secure up to $300 million via debt-based funding rather than issuing new shares. The capital will be used to build a treasury fund in XRP and enhance the company’s blockchain-powered payment systems.
This plan is designed to improve the efficiency of international transactions and speed up Webus’s adoption of XRP Ledger technology across its global payment network. The funding strategy will combine existing cash holdings, bank loans, shareholder guarantees, and credit facilities backed by institutional partners. By using this approach, Webus aims to maintain shareholder equity while leveraging XRP’s fast and cost-effective payment processing capabilities.
Webus Advances XRP Strategy for Global Growth
Aiming to strengthen its position, Webus is directing its XRP-focused strategy toward three key goals. First, the company plans to establish a substantial XRP fund to enable fast cross-border payments. Next, it will develop advanced blockchain infrastructure, including custom crypto wallets, Web3-based loyalty tokens, and secure on-chain booking systems.
Finally, Webus intends to drive global expansion by leveraging XRP’s quick transaction speeds to simplify international financial operations. This initiative highlights growing institutional trust in XRP, extending its relevance beyond retail trading.
Webus Boosts Tongcheng Deal with $300M XRP Plan
In addition to the treasury announcement, Webus reaffirmed its ongoing alliance with Tongcheng Travel Holdings (HKSE: 0780.HK), a major player in China’s online travel market. This partnership will expand Webus’s presence nationwide by integrating its premium vehicle services with Tongcheng’s vast user base of 240 million annual paying customers through the “Wetour × Tongcheng” inter-city charter network. Alongside establishing a $300 million XRP fund to support blockchain development and international growth, Webus continues to strengthen its collaboration with Tongcheng Travel.
XRP Steady Near $2.20 – Gains in Global Payments
On May 30, XRP was trading near $2.20, showing steady interest from investors. This price indicates that XRP is gaining importance as a means to send money quickly and affordably across borders. More businesses and institutions are starting to use XRP, helping it evolve beyond a digital coin into a valuable tool for making global payments easier and faster. This steady progress shows people are trusting XRP more as a strong and reliable payment option.
Final Thoughts
Webus International’s plan to raise $300 million in debt to establish an XRP treasury fund underscores its commitment to advancing global payments through XRP’s fast and low-cost technology. Alongside expanding blockchain tools and renewing its partnership with Tongcheng Travel, Webus is positioning itself for international growth. This move reflects growing institutional confidence in XRP, which continues to gain traction as a reliable solution for cross-border transactions.
