🇨🇳 Tech company Webus has filed with the US SEC to raise $300 million.
💼 Key objectives:
• Create a cash-backed system backed by $XRP
• Integrate Ripple’s payment system
• Drive international payment networks via Ripple-Net
📈 Market impact:
• Positive for $XRP in the long term
• Shows interest from major institutions in Ripple
• Gives confidence that XRP is becoming more valuable in the real world of finance$$XRP