๐ Hangzhou, China โ A Bold Bet on Blockchain-Powered Global Payments ๐๐ฅ
Webus International Ltd., a leading AI-powered mobility company, has announced a strategic financing plan of up to $300 million to establish a corporate XRP reserve, signaling major institutional support for Ripple's blockchain.
๐ Key Highlights:
$300M Reserve: To be used for XRP acquisition to enhance instant cross-border payments.
AI + Blockchain Synergy: Marks a bold move combining real-world AI mobility solutions with crypto utility.
Global Expansion: Funds will support Web3 features like loyalty tokens, wallets, and on-chain bookings.
Partnership Renewed: Multi-year nationwide deal with Tongcheng Travel, reaching 240M+ users.
Despite the announcement, XRP price remains steady at $2.16, showing a cautious market response.
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