Nasdaq-Listed Webus Plans $300 Million XRP Treasury, XRP Ledger Integration
Nasdaq-listed Webus International (WETO) has revealed strategies to develop a corporate treasury strategy fixated XRP, indicating a significant institutional step into the digital possession space.
The most current entrant into the XRP treasury raceThe China-based AI-driven movement firm signed a Delegated Digital-Asset Management Agreement with Samara Alpha Management LLC, a regulated financial investment advisor, approving Samara Alpha exclusive management rights for up to $300 million in digital assets, particularly XRP.The contract marks a strategic but mindful relocation by Webus into crypto treasury management. No XRP holdings have actually yet been transferred or activated, and Webus stressed that the management required will only come into impact upon the real deployment of capital into designated custody wallets.Webus has actually filed its type 6-K with the SEC after signing the previous day a Delegated Digital-Asset Management Contract with a delegated supervisor to establish a strategic structure for potential future digital property treasury operations, which it asserts are focused on XRP … pic.twitter.com/o05zXHUouY— expense morgan (@Belisarius2020) June 4, 2025Webus CEO Nan Zheng commented:”This Agreement defines a clear structure for trusted digital possession management in the future. Simply last week, VivoPower International announced a $121 million capital raise, $100 million of which came from Saudi royal Prince Abdulaziz bin Turki Abdulaziz Al Saud, to support its own XRP reserve initiative.Companies are exploring the XRP treasury technique:- Webus International: $300M- VivoPower: $121M- Wellgistics: $50M pic.twitter.com/C9rldXDdDG— Messari (@MessariCrypto) June 4, 2025VivoPower goals to use the funds to build up XRP and establish real-world DeFi applications on the XRPL, such as cross-border payments.
