🇨🇳 A Major Step from China 🇨🇳
Webus International Limited has officially submitted Form 6-K to the U.S. Securities and Exchange Commission to raise $300 million, aiming to establish a strategic framework for managing the XRP treasury and integrating Ripple payments.
📄 This filing outlines a new agreement with Samara Alpha Management, paving the way for cross-border cryptocurrency funding directly linked to the XRP infrastructure.
Why is this important?
✅ It shows increasing institutional interest in XRP outside the West
✅ It indicates confidence in Ripple's utility in the real world
✅ It brings China into the treasury game through regulated American channels
The East is not just observing; it is taking action
