Webus’s Strategic Filing with the SEC
On June 2, 2025, Webus International Limited, a Nasdaq-listed company specializing in AI-driven mobility solutions, filed a Form 6-K with the U.S. Securities and Exchange Commission (SEC). The filing outlines the company’s intention to establish a $300 million XRP reserve, marking a significant step in integrating blockchain technology into its financial operations. This move aligns with the growing trend of institutional adoption of cryptocurrencies for treasury management.
The decision to file with the SEC underscores Webus’s commitment to transparency and regulatory compliance in its strategic initiatives. By disclosing this plan, the company aims to inform investors and stakeholders about its intentions to diversify its treasury assets and enhance its financial flexibility.
Financing Strategy and Partnership with Samara Alpha
To fund the establishment of the XRP reserve, Webus plans to utilize a combination of non-equity financing methods. These include loans, credit facilities, and shareholder guarantees, allowing the company to raise capital without issuing additional shares. This approach helps maintain shareholder value while securing the necessary funds for the initiative.
In addition to its financing strategy, Webus has entered into a partnership with Samara Alpha Management LLC, a U.S.-based SEC-registered investment advisor. Under a Delegated Digital Asset Management Agreement, Samara Alpha will manage the XRP treasury, providing expertise in digital asset management and ensuring compliance with regulatory standards. The partnership aims to establish a robust framework for managing the company’s digital assets, focusing on security and efficiency.
Integration with Ripple’s Payment Network
The primary objective of establishing the XRP reserve is to integrate Ripple’s blockchain technology into Webus’s payment systems. By leveraging Ripple’s payment network, the company aims to facilitate faster and more cost-effective cross-border transactions. This integration is expected to streamline payment processes, reduce transaction fees, and enhance transparency in financial operations.
Webus’s CEO, Nan Zheng, emphasized the strategic importance of this initiative, stating that it would “eliminate traditional payment friction” and enable real-time settlements and refunds. The integration of Ripple’s technology aligns with Webus’s vision of creating a seamless, borderless travel ecosystem, enhancing the overall customer experience.
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