Webus International, a customizable car and tourism service provider based in China for travelers worldwide, said it plans to raise up to $ 300 million through financing without capital to establish an XRP XRP reservation that supports its global driver payment network.
The reserve is part of a broader impulse to integrate XRP cross -border liquidation capabilities into the Webus ecosystem, including chain reserve records and a web -based loyalty program, said the company.
The initiative aims to optimize international payments while preserving the value of capital by depending on loans, credit lines and shareholders’ guarantees instead of issuing new actions, said CEO Nan Zheng in the statement.
The announcement follows the plans of Vivopower International, based in Saudi Arabia, to build an XRP treasure of $ 121 million, an indicative of growing interest of companies in the largest fourth token for market capitalization.
The financing plan is not binding and is subject to final agreements and due diligence.
Webus added that he was renewing an association with Tongcheng Travel Holdings, one of the largest online travel agencies in China, to extend its charter “Wetour X Tongcheng” lines, indicating that they would aim to use the Book Mayor XRP to solve cross -border walks and driver payments.
