Webus International, a Chinese AI solutions company registered with NASDAQ, announced today that it plans to invest up to $300 million in its XRP reserve. The company argues that the strategy is primarily intended to promote cross-border payments.
Additionally, Webus aims to use XRP to help AI-Native companies expand their other blockchain-related development ambitions. Depending on the successful investment, the company can incorporate chain solutions into several areas.
Chinese companies are making big bets on XRP
Over the past few months, many companies have made serious attempts to hold a significant amount of cryptocurrency.
Obviously, Bitcoin was a fast and enduring favorite, but certain companies have begun to try altcoins like Solana. Today, one Chinese company is innovating again by considering investing up to $300 million in XRP reserves.
It’s not just Chinese companies Consider large crypto investments this month.
Two weeks ago, logistics company Addentax Group considered investing $800 million in BTC and Trump. This could have been an attempt to secure tariff relief, and Addentax makes little mention of its crypto ambitions.
Meanwhile, Webus has explained its long-term vision for XRP reserves in explicit detail.
“These strategic developments could create strong synergies between domestic and international operations. The integration of XRP blockchain integration could revolutionize the way in which cross-border payments are processed for both partners and travelers around the world.”
In other words, Webus’ AI Solutions serves customers all over the world, and Defi could help smooth out repeated issues. Chinese companies may experience difficulties in cross-border banking, but XRP may offer a solution.
Webus refers to it using tokens for lending, shareholder guarantees, third party credits, and other core financial interactions.
Additionally, the $300 million investment will help AI-specific companies access other benefits of Web3. XRP integration helps to develop the company’s blockchain infrastructure, in addition to improving cross-chain payment operations.
The Webus press release mentions several specific goals, including on-chain record keeping, loyalty tokens, and customer wallets.
Meanwhile, the company’s stock price has exceeded 60% in aftermarket prices since its announcement.
XRP is already a major CryptoAsset, but $300 million is a significant amount of money for any metric. If Webus helps to integrate tokens into China’s AI ecosystem, it could prove to be extremely beneficial for XRP and the company.
Depending on the success of this preliminary strategy, Webus may set new trends for global integration of Crypto.
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