Chinese company Webus plans to create XRP reserve
Webus files with SEC to build $300M XRP treasury, signaling major corporate crypto adoption.
Chinese travel and payments company Webus has formally disclosed plans to create a $300 million XRP treasury, filing a Form 6-K with the U.S. Securities and Exchange Commission (SEC) to outline its intentions.
According to the filing, Webus signed a Delegated Digital-Asset Management agreement with Samara Alpha, setting the foundation for a long-term digital asset treasury framework, reports Bitcoinist.
The company intends to fund the XRP reserve through a mix of internal cash, bank loans, shareholder guarantees, and institutional-backed credit facilities, signaling a hybrid financing approach typical of traditional corporate treasury operations. Webus believes XRP integration could transform its cross-border payment infrastructure, benefiting global partners and customers alike.
VivoPower joins XRP treasury race with $121M secured
Webus isn’t alone in targeting XRP for corporate treasury use. VivoPower, a Nasdaq-listed sustainable energy company, has also entered the space, reportedly securing $121 million toward its XRP-focused DeFi and treasury strategy.
VivoPower has partnered with BitGo, one of the industry’s leading custodians, to facilitate a $100 million XRP acquisition via its 24/7 OTC trading desk and secure custody services. The company aims to position itself as a first mover in the space by combining XRP reserves with decentralized finance capabilities—a notable evolution in how public companies manage blockchain-based assets.
ETF speculation heats up amid institutional momentum
The actions by Webus and VivoPower come as speculation intensifies around a potential XRP exchange-traded fund (ETF). According to prediction market Polymarket, the probability of an XRP ETF approval by the SEC before year-end has surged to 92%.
The combination of strategic treasury positioning by international firms and rising demand for institutional-grade exposure to XRP has injected new momentum into the market. If approved, an ETF could further legitimize XRP as a corporate and investment-grade asset, reinforcing its role in cross-border payments and digital settlement infrastructure.
Recently we wrote that Ripple’s U.S.-regulated RLUSD stablecoin has been officially approved by the Dubai Financial Services Authority (DFSA), allowing it to be used within the Dubai International Financial Centre (DIFC).
