Webus signs a $100 million funding deal to boost its XRP based payment systems and blockchain loyalty initiatives.
The equity line gives Webus flexible access to funds over two years supporting expansion in key global markets.
Webus aims to reduce costs and speed up payments by integrating XRP into its financial and rewards platforms.
Webus International Limited entered a conditional securities purchase agreement with Ripple Strategy Holdings on July 1, 2025. The deal allows Webus to access up to $100 million through a senior equity line of credit.
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The agreement remains subject to regulatory clearance and approval from the company’s lead underwriter. It also requires the effectiveness of a registration statement with the U.S. Securities and Exchange Commission.
Webus International is listed on the Nasdaq Capital Market under the ticker ‘WETO,’ and is headquartered in the Cayman Islands. The company operates AI-powered mobility and premium chauffeur services.
Funding Structured for Flexibility
The funding arrangement enables Webus to draw between $250,000 and $3 million per tranche. This structure extends over a 24-month period. Each drawdown depends on market conditions and the company’s capital requirements.
The funding is designed to provide Webus with financial flexibility. It also allows capital access only when necessary. This reduces the risk of shareholder dilution.
Focus on XRP-Enabled Services
Webus plans to allocate proceeds to expand its XRP-focused treasury initiatives. These include crypto-enabled payments, blockchain-based loyalty programs, and international growth efforts.
The company aims to build on its existing $300 million digital asset management agreement. That mandate supports treasury operations involving XRP which is a digital token developed by Ripple Labs.
Ripple Strategy Holdings is not affiliated with Ripple Labs. However, its name suggests it may support ventures within the XRP ecosystem. Little public information exists about the entity.
Strategic Expansion and Technology Integration
Webus views this funding as a tool to enhance services in North America and Asia-Pacific. It is focused on strengthening its position in the blockchain-powered mobility sector.
The company has already begun integrating XRP into its financial infrastructure. Its goals include reducing transaction costs and improving cross-border settlement speed.
Additionally, Webus is exploring blockchain use in loyalty programs. The company wants to tokenize rewards using the XRP Ledger. This would allow customers to redeem and trade tokens across multiple platforms.
Conditions and Risks Remain
The agreement’s conditional status highlights the regulatory challenges in crypto financing. Approval from the SEC and the underwriter remains pending.
The ongoing market fluctuations are affecting the strategies in the cryptocurrency space. Incorporating blockchain into main business operations could require substantial investment and specialized knowledge.
Webus competes with firms in both the fintech sector and the blockchain startup space. Staying ahead will require continued innovation and effective execution.
