Webus Revs Up Crypto Adoption with $300M XRP Reserve Play
Luxury transport giant Webus is shifting gears—straight into crypto. The company just announced plans to raise a staggering $300 million to build an XRP strategic reserve, betting big on Ripple’s digital asset for corporate treasury operations.
Why XRP? Webus isn’t saying—but the move reeks of either visionary thinking or desperation to appear ’innovative’ amid sliding luxury transport margins. Either way, it’s the largest corporate crypto reserve commitment since MicroStrategy went all-in on Bitcoin.
Finance traditionalists are clutching their pearls. ’This isn’t hedging—it’s speculation dressed up as strategy,’ sniped one Wall Street analyst who definitely doesn’t hold any XRP bags.