Chinese AI Company Invests 300 Million Dollars in XRP

The global adoption of crypto is taking increasingly clear forms, and Ripple regularly plays a leading role in this. Now the company is drawing attention once again: The Chinese AI company Webus International, listed on Nasdaq, has announced that it will invest up to $300 million in XRP.

XRP as the Key to Global Growth

According to CEO Nan Zheng, Webus, like many other Chinese companies, regularly encounters obstacles in international payments. Slow bank processes, high costs, and administrative effort make cross-border business unnecessarily complex. With a strategic XRP reserve, Webus aims to address these issues.

“The integration of XRP into our business model could really mean a breakthrough for the way we handle transactions globally,” said Zheng.

But Webus thinks beyond just payments. It sees XRP as the foundation for a broader blockchain ecosystem. The company is exploring the possibility of conducting its entire administration on-chain – a step that aims to provide transparency, security, and real-time insights. Additionally, Webus wants to introduce 'loyalty tokens': digital rewards for customers who interact more frequently with the platform. In doing so, the company aims to build a digital infrastructure that users worldwide can benefit from.