Webus International Limited Announces Up To US$300 Million Strategic Financing Plan for XRP Blockchain Integration and Renews Nationwide Partnership with Toncheng Travel
Summary
Webus International announced it is exploring up to US$300 million in non-equity financing to build an XRP reserve and support cross-border payment capabilities. The company said the plan would help fund blockchain infrastructure, including wallets, Web3 loyalty tokens, and on-chain booking records. It also renewed its nationwide mobility partnership with Tongcheng Travel to extend branded inter-city charter services across China. Webus positioned both moves as part of a broader effort to improve domestic mobility coverage and global settlement speed for travelers and service providers.
Funding
Amount
$300.0M
Total raised
Date
May 29, 2025
Announcement date
Investors
-
Lead investors
Company
https://www.webus.vip/
Funded company
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