Webus International Launches $300 Million XRP Integration Fund
- Webus International announced a $300 million XRP Integration Fund to enhance international mobility services.
- The fund will be raised through non-equity financing sources, including bank loans and institutional credit lines.
- CEO Nan Zheng aims to use XRP for faster, cheaper cross-border payments and develop blockchain-based infrastructure.
- The initiative includes partnerships with Tongcheng Travel Holdings to improve global travel services.
- VivoPower also launched an XRP-focused treasury strategy, raising $121 million for an XRP reserve.
Webus International’s new fund seeks to leverage XRP for efficient global payment solutions, aligning with broader corporate trends toward blockchain reserves.
Source (2.6)https://coingape.com/xrp-news-webus-international-unveils-300m-xrp-fund/?rand=24432