Weiba International reaches a US$100 million equity investment agreement with Ripple Strategy Holdings "
Internet reports that Webus International, a Nasdaq-listed mobility service provider, announced that it has signed a conditional securities purchase agreement with Ripple Strategy Holdings and received a preferred equity credit line of up to US$100 million. The proceeds are expected to support the development of Webus's XRP financial strategy, including crypto payments, a blockchain-based loyalty program and other initiatives related to its global expansion. Previously, Webus and Samara Alpha signed a US$300 million XRP funding agreement.
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