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Webus Revs Up Crypto Adoption with $300M XRP Reserve Play

Webus Revs Up Crypto Adoption with $300M XRP Reserve Play

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-05-30 07:48:57
0

International Chauffeur Service Webus Plans $300M Raise for XRP Strategic Reserve

Luxury transport giant Webus is shifting gears—launching a $300M war chest to back XRP as its strategic reserve asset. Because nothing says ’financial innovation’ like a chauffeur service betting big on a coin the SEC once called unregistered securities.

Why XRP? The move signals Webus’ pivot toward crypto-native treasury management—and maybe a cheeky middle finger to traditional banking rails. Ripple’s cross-border payment tech could streamline their global operations, assuming regulators don’t throw another wrench in the works.

This isn’t just corporate posturing. That $300M commitment would make Webus one of the largest non-financial holders of XRP—a bold hedge against fiat volatility, or a desperate Hail Mary in a market where even ’stablecoins’ can’t keep their peg.

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