CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Coin Edition 2025-05-30 11:35:07

XRP Strategic Reserve Trend: Webus ($300M) Follows VivoPower ($121M) Model

China’s Webus International plans a $300M non-equity fund for an XRP reserve. Aims to use XRP for instant cross-border settlements in its global chauffeur network. Follows VivoPower’s $121M XRP treasury; China’s IMI notes Bitcoin as reserve hedge. Chinese AI mobility firm Webus International unveiled a plan on May 29 to raise up to $300 million through non-equity financing to build an XRP reserve, a strategic move designed to support instant cross-border settlements across its global chauffeur service network. This development closely follows a May 28 announcement from VivoPower International, a clean-energy firm with strong institutional backing, announced a $121 million private placement to fund its own XRP treasury platform. Together, these moves suggest an emerging corporate strategy where XRP is increasingly viewed as a functional financial tool beyond its status as a cryptocurrency. Webus Bets on XRP for Seamless Borderless Mobility Webus plans to establish the XRP reserve using a combination of cash, bank loans, and institutional credit, deliberately steering clear of issuing new equity. According to CEO Nan Zheng, this XRP reserve will fuel … The post XRP Strategic Reserve Trend: Webus ($300M) Follows VivoPower ($121M) Model appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.