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

BlockBeats News, May 30th, mobile transportation service provider Webus International Limited is exploring a potential $300 million financing strategy to establish an XRP reserve through diversified non-equity financing instruments to support its global payment solution. The strategy may involve utilizing available cash reserves, bank loans, shareholder guarantees, and third-party institutional credit support from traditional banks. By employing these non-dilutive financing methods, the company aims to maintain capital flexibility, support long-term growth, protect shareholder value, and advance its digital asset and cross-border payment strategic objectives.