Webus Bets Big on XRP: SEC Filing Reveals $300M Crypto Play

Another day, another nine-figure crypto gamble—this time with regulatory paperwork to match. Webus just dropped an SEC filing that confirms what the market suspected: they're going all-in on Ripple's XRP.

The $300 million framework reads like a hedge fund's fever dream—equal parts bullish conviction and 'please don't sue us' compliance theater. Because nothing says 'sound investment strategy' like tying up capital in an asset the SEC still side-eyes like a suspect buffet.

Will this move shake loose institutional adoption or just become another line item in crypto's hall of 'noble failures'? Grab popcorn—the next court doc drop might be juicier than the trade itself.

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.

Webus has filed its form 6-K with the SEC after signing the previous day a Delegated Digital-Asset Management Agreement with a delegated manager to establish a strategic framework for potential future digital asset treasury operations, which it asserts are focused on XRP… pic.twitter.com/o05zXHUouY

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.