HomeXRP NewsXRP Treasury Adoption Expands as Webus Allocates $300M

XRP Treasury Adoption Expands as Webus Allocates $300M

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XRP treasury initiatives are gaining mainstream traction as Webus, a Nasdaq-listed enterprise, becomes the latest company to declare plans for a multimillion-dollar XRP reserve. This marks a significant step toward institutional adoption of Ripple’s native asset.

Webus International, an enterprise operating across the automotive and hospitality sectors, recently filed an update with the U.S. Securities and Exchange Commission (SEC). In its Form 6-K, dated June 2, the company revealed its strategy to establish a corporate treasury funded entirely in XRP, underscoring growing corporate interest in the cryptocurrency space.

This SEC filing communicates Webus’ intention to secure $300 million in XRP holdings, making it one of the most substantial treasury allocations seen to date involving the fourth-largest cryptocurrency by market capitalization. According to Webus, the funding method will involve credit-based and non-equity financing, aligning with a trend pioneered by MicroStrategy, where firms capitalize on debt to accumulate digital assets.

On May 29, Webus announced its $300 million fundraising effort via credit instruments in order to build its XRP reserve. To execute and manage this ambitious plan, Webus entered a partnership with Samara Alpha Management LLC, an investment management firm headquartered in New York. Samara Alpha will oversee the structure and maintenance of the XRP treasury, adding credibility and efficient asset handling to the initiative.

Ripple Payment System to Be Integrated

Beyond the accumulation of XRP, Webus aims to fully integrate Ripple’s blockchain-enabled payment system into its operations. This move positions Webus as more than just an investor; it will actively utilize RippleNet for real-time, low-cost international payments, replacing legacy systems that typically involve high fees and delays.

Ripple’s blockchain operates on the XRP Ledger, known for its ultra-fast transaction speeds—typically completing settlements in 3–5 seconds—with minuscule fees. By incorporating Ripple’s infrastructure, Webus intends to enhance the efficiency and transparency of its hospitality services, particularly in reservation and payment processing systems. This approach is indicative of a broader trend towards operational tokenization and real-world use cases for blockchain in traditional business models.

Corporate XRP Treasuries Becoming a Trend

Webus is not alone in its pursuit of XRP as a reserve asset. XRP adoption at the institutional level appears to be gaining momentum. Notably, VivoPower, another Nasdaq-listed entity, sparked industry attention when it announced its own XRP treasury strategy in May. VivoPower plans to hold XRP in its corporate treasury after a $121 million private raise, which was notably backed by a Saudi Arabian prince. This made VivoPower one of the earliest public firms to adopt XRP in such a capacity.

Similarly, Wellgistics Health entered the XRP fray by unveiling a $50 million funding plan to acquire XRP and build a healthcare-focused payment network. This announcement further signals that Ripple’s ecosystem is gaining traction in specialized sectors beyond finance and tech.

The emerging trend of corporate XRP treasuries underscores increased confidence in the asset’s long-term value, utility, and regulatory stability. With more firms aligning their digital strategy with XRP’s capabilities, the ecosystem seems poised for broader corporate embracement. The XRP Ledger’s institutional-grade reliability and interoperability are catching the attention of forward-thinking companies eager to modernize their financial architecture.

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

Institutional interest in XRP appears to be echoing the early adoption curves seen for Bitcoin and Ethereum, setting the stage for Ripple’s token to become a standard in both treasury management and enterprise utility solutions. Whether this surge continues depends on the evolving regulatory landscape and Ripple’s ongoing legal efforts, but indications like the Webus announcement offer a promising outlook for XRP’s institutional future.

Quick Summary

XRP treasury initiatives are gaining mainstream traction as Webus, a Nasdaq-listed enterprise, becomes the latest company to declare plans for a multimillion-dollar XRP reserve. This marks a significant step toward institutional adoption of Ripple’s native asset. Webus International, an enterprise operating across the automotive and hospitality sectors, recently filed an update with the U.S.

Source

Information sourced from official Ripple publications, institutional research, regulatory documentation and reputable crypto news outlets.

Author

Ripple Van Winkle is a cryptocurrency analyst and founder of XRP Right Now. He has been active in the crypto space for over 8 years and has generated more than 25 million views across YouTube covering XRP daily.

Editorial Note

Opinions are the author's alone and for informational purposes only. This publication does not provide investment advice.

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