Webus plans $300M XRP purchase to power cross-border payments and blockchain infrastructure.
Funding will support global expansion, digital wallets, and Web3 loyalty programs.
Renewed Tongcheng partnership strengthens Webus's mobility services across China.
When a tech company makes a bold move, the world pays attention. Webus International Limited just made one. The premium mobility provider has announced plans to acquire up to $300 million worth of XRP. This isn’t a side project. It’s a full-throttle investment to build a crypto-powered future. With eyes set on infrastructure, innovation, and global expansion, Webus is betting big on blockchain—and not looking back.
https://twitter.com/egragcrypto/status/1928147381503045757 Fueling the Future with XRP and Innovation
Webus specializes in AI-powered chauffeur services for global travelers. But that’s only the beginning. This move to secure a massive XRP reserve shows serious ambition. Ripple's XRP is not just a digital token. It's a high-speed, low-cost solution for cross-border payments. And Webus wants it at the heart of their financial engine. To make this plan happen, Webus is exploring up to $300 million in non-equity financing. They’re tapping into bank loans, shareholder guarantees, and institutional credit lines.
By avoiding stock dilution, Webus keeps control tight and eyes focused. They aim to grow without giving up ownership. This funding will back three major initiatives. First, Webus plans to build a strategic XRP reserve. That reserve would enable instant, secure international payments. Imagine a traveler booking rides in Shanghai, Paris, and New York without currency delays. That’s the vision. Second, the company is building a blockchain backbone. This includes custom wallets, loyalty tokens, and on-chain booking systems.
These tools could turn travel into a seamless digital experience. Blockchain is not just buzz here. It’s the infrastructure for a smarter mobility network. Third, Webus wants to take their brand global. The XRP integration and blockchain services aim to support that mission. With a crypto foundation, Webus can expand faster, smarter, and stronger.
Strengthening Roots While Reaching Out
While Webus reaches for global markets, they’re reinforcing their base in China. The company just renewed a key partnership with Tongcheng Travel Holdings Ltd. That name might not ring a bell outside Asia, but it should. Tongcheng serves over 240 million paying users each year. Through this renewed deal, Webus continues to operate inter-city charter services across China.
Their branded “Wetour × Tongcheng” lines offer seamless travel between major cities. This partnership pairs Webus's vehicle network with Tongcheng's massive data ecosystem. The result is smooth first- and last-mile service for Chinese travelers. Webus isn’t just building for tomorrow. They’re connecting today’s tech with tomorrow’s promise.
CEO Nan Zheng says these developments create synergy across borders. He believes the XRP integration will transform cross-border payments. And the Tongcheng partnership keeps domestic operations strong. Webus has laid a blueprint for a digital-first, borderless mobility experience. And with XRP as fuel, they’re ready to race ahead.
