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- Anjali Belgaumkar
Anjali Belgaumkar
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
- Jun 04, 2025 09:03 UTC
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Ripple News: Webus Files SEC Form Confirming $300M XRP Strategy Framework
Webus International signed a $300M mandate agreement to explore using XRP for treasury and global payments. This marks a big step in its blockchain plans.
Webus aims to integrate XRP for fast payments and blockchain tools, signaling serious commitment to digital assets in mobility.
Global mobility company Webus International has taken a big step forward in its digital asset ambitions. The company has just filed a Form 6-K with the U.S. Securities and Exchange Commission (SEC), confirming it signed a major agreement focused on XRP — the well-known blockchain-based digital asset.
The agreement, signed the day before the filing, sets up what’s called a Delegated Digital-Asset Management Agreement. In simple terms, Webus has appointed a professional manager to help oversee and guide how it could possibly use digital assets — specifically XRP — as part of its future treasury strategy.
What’s grabbing headlines is the scale of this plan. Webus says the agreement includes an authorized mandate of up to $300 million. That means the company could eventually manage XRP holdings or related assets up to that amount, under strict oversight and planning.
While the filing makes clear this is a strategic framework — not a confirmed purchase — it’s still a major sign that Webus is serious about blockchain and about using XRP in a real, operational way.
This move follows earlier news that Webus plans to integrate XRP into its business, using it for things like fast international payments, building blockchain-based tools for drivers and customers, and supporting its global expansion.
Now, with this official SEC filing and signed agreement, Webus is showing that its XRP strategy is more than just talk. It’s preparing for what could be one of the largest real-world uses of a digital asset by a public company in the mobility sector.
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FAQs
Webus aims to explore using XRP for treasury management and fast global payments with a $300M mandate agreement.
Webus plans to use XRP for quick international payments, blockchain tools for drivers, and to support global growth.
It could be one of the largest real-world uses of a digital asset by a public mobility company, marking major industry progress.
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