Webus International Limited plans to raise up to $300 million to establish an XRP reserve

On May 30, it was reported that the mobility service provider Webus International Limited is exploring a financing strategy of up to $300 million to establish an XRP reserve fund to support its global payment solutions through diversified non-equity financing tools. This strategy may include utilizing available cash reserves, bank loans, shareholder guarantees, and third-party institutional credit support from traditional banks. By adopting these non-dilutive financing methods, the company aims to maintain capital flexibility, support long-term growth, and protect shareholder value while advancing its digital asset and cross-border payment strategic goals.