Webus Leverages Samara Alpha for $300 Million XRP Management

Webus International Limited has partnered with Samara Alpha Management LLC to manage its XRP holdings, committing a total of $300 million to the partnership. This move marks a significant step in Webus’s digital asset strategy as they seek to enhance financial operation oversight. 36Crypto reports that the agreement designates Samara Alpha as the sole manager for Webus’s XRP digital assets, pending the transfer of funds into secure custody wallets. Currently, no funds have been deployed and work to put them into practice is underway.