Webus Invests $300 Million in XRP Blockchain Fund, Stock Soars

Webus International Limited has launched a substantial $300 million investment fund dedicated to utilizing XRP blockchain technology. The initiative is led by CEO Nan Zheng and aims to revolutionize global cross-border transactions through increased efficiency and reduced fees. Webus plans to utilize this funding to build an encompassing blockchain ecosystem incorporating wallets, loyalty tokens, and on-chain booking platforms. This strategic move underscores Webus’s commitment to leveraging XRP for enhanced operational effectiveness and broader market reach.