XRP Strategic Reserve Spurs Stock Surge at Webus

XRP strategic reserve plans by Chinese firm Webus International have ignited investor interest, as the firm officially filed with the U.S. Securities and Exchange Commission (SEC) to build a $300 million XRP-based corporate treasury. This development marks another significant step in Ripple’s growing influence in cross-border financial ecosystems.

Webus International, traded under the Nasdaq ticker WETO, submitted a Form 6-K on Tuesday to the SEC. In the filing, the company revealed intentions to create a strategic XRP reserve valued at $300 million. Unlike typical corporate fundraising methods involving equity issuance, Webus aims to finance this initiative through loans and credit arrangements. This move allows the firm to preserve shareholder equity while gaining early exposure to Ripple’s XRP ecosystem.

This announcement comes shortly after Webus shared its initial plans in May, targeting strategic integration of Ripple’s payment technologies into its operations. The company’s goal is to utilize Ripple’s network to enhance transparency in booking and settle international transactions more efficiently. Through this move, Webus aims to revolutionize its global chauffeur services by reducing settlement times for cross-border payments and optimizing financial clarity for rides and payouts.

In a similar push by institutions towards decentralized financial systems, recent weeks have seen parallel developments. Notably, VivoPower International made headlines by raising $121 million to support a comparable XRP treasury initiative. This trend underscores the fourth-largest crypto asset’s increasing adoption by corporate entities aiming to leverage blockchain for treasury diversification and operational efficiency.

Although Webus’ financing plan for its XRP reserve is currently non-binding and hinges on due diligence and finalized agreements, the strategic intention is clear: to become a pioneer in corporate digital asset utilization. The announcement has already had positive market repercussions. Following the SEC filing, Webus stock jumped approximately 9% during early Wednesday trading, signaling market optimism over the company’s blockchain-forward approach.

Further bolstering its fintech ambitions, Webus also announced a renewed collaboration with Tongcheng Travel Holdings, one of China’s premier online travel services. Together, they plan to expand their joint venture, “Wetour x Tongcheng,” specifically deploying the XRP Ledger to process cross-border chauffeur services and settle driver payments. This move would potentially make international travel bookings not only faster but also more transparent in structured cost accounting.

Despite broader market stagnancy, XRP itself saw a modest 2% uptick in the past 24 hours. While these gains were relatively subdued, they align with a larger narrative of steady institutional accumulation of XRP as companies like Webus and VivoPower explore practical use cases far beyond speculative trading.

Related: Expert Advice: Sell XRP If You’re Confused

Overall, Webus’ pivot towards constructing an XRP-based treasury reflects a broader corporate shift toward blockchain-backed financial mechanisms. As institutions continue to seek stability, speed, and transparency in global operations, Ripple’s cross-border capabilities and XRP’s liquidity are emerging as powerful tools. Should Webus finalize its funding and integrations, this may pave the way for other global service providers to follow suit and embrace XRP as a strategic asset class within their financial operations.