Webus International Limited (NASDAQ: WETO), a leading AI-driven global travel solutions provider, is making a bold leap into the digital asset space by seeking up to $300 million in non-dilutive funding to establish a strategic XRP reserve. The move underscores the company’s growing commitment to blockchain-based payments and its vision to revolutionize mobility services worldwide.
A Blockchain-Powered Financial Shift
Announced on May 29, 2025, Webus revealed its intent to source capital through mechanisms such as bank loans, shareholder guarantees, and institutional-backed lending—avoiding equity dilution. This reserve will serve as the backbone for the company’s blockchain payment strategy, aiming to enable faster, lower-cost international transactions across its service ecosystem.
According to CEO Nan Zheng, this strategic capital deployment will not only fuel technological innovation but also strengthen shareholder value by preserving equity integrity. He emphasized that integrating the XRP Ledger is pivotal to streamlining global chauffeur service payments.
Three-Phase Crypto Integration Plan
Webus plans to deploy the funds across three interlinked initiatives designed to scale its blockchain infrastructure:
XRP Reserve and Payment Infrastructure: Building a cross-border settlement system anchored by XRP’s real-time liquidity model to cut transfer costs and settlement times.
Web3 Ecosystem Expansion: Launching on-chain booking systems, Web3 loyalty tokens, and digital wallets for enhanced user engagement and transparency.
Accelerated Global Expansion: Using the blockchain infrastructure as a launchpad for global growth and service interoperability.
These initiatives are expected to unlock operational synergies between the company’s domestic and international branches, with Webus positioning itself as a fintech-forward disruptor in the travel sector.
Strategic Mobility Partnership Renewed
In a significant regional development, Webus also renewed its alliance with Tongcheng Travel Holdings Ltd., one of China’s top travel platforms. With over 240 million paying users annually, Tongcheng will integrate with Webus’s luxury transport fleet, ensuring frictionless first- and last-mile mobility services.
This partnership is expected to strengthen the demand for blockchain-backed payment flows, with the XRP reserve playing a central role in optimizing financial interactions within the joint ecosystem.
A Glimpse Into the Future of Travel Payments
By weaving blockchain into the fabric of its mobility offerings, Webus signals a broader industry trend toward decentralization and tokenized efficiency. Its investment into XRP as a financial instrument represents a larger strategic pivot—one that may influence how other enterprise-level travel firms approach digital asset integration.
The Bit Journal will continue to monitor Webus’s journey as it pioneers crypto-backed innovations in real-world mobility applications.
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References:
Ripple Labs. “How XRP Powers Cross-Border Payments.” https://ripple.com
SEC Filings – Webus International Limited https://www.sec.gov
CoinDesk. “Enterprise Blockchain Adoption Trends.” https://www.coindesk.com
Tongcheng Travel Holdings. “Corporate Overview and Partnership Reports.” https://www.ly.com
Reuters. “Webus Seeks $300M to Launch Crypto Reserve Strategy.” https://www.reuters.com