Webus International Ltd. Secures $100 Million Equity Line to Propel Global Expansion and XRP Strategy Growth

Reuters

07-01

Webus International Ltd. Secures $100 Million Equity Line to Propel Global Expansion and XRP <a href="https://laohu8.com/S/MSTR">Strategy</a> Growth

Webus International Ltd., a leader in AI-driven mobility solutions, is set to expand its operations across North America and the Asia-Pacific region. The company has secured a conditional Securities Purchase Agreement with Ripple Strategy Holdings, offering a senior equity line of credit worth up to $100 million. This funding is aimed at accelerating Webus's XRP treasury strategy, which includes initiatives like crypto-enabled payments and blockchain-based loyalty programs. The agreement allows for flexible capital raising, with drawdowns between $250,000 to $3 million, contingent on market conditions and capital needs. CEO Nan Zheng expressed confidence in the company's long-term XRP strategy, emphasizing the strategic flexibility the funding provides.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Webus International Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9487341-en) on July 01, 2025, and is solely responsible for the information contained therein.

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Secures $100 Million Equity Line to Propel Global Expansion and XRP Strategy Growth","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Webus International Ltd. Secures $100 Million Equity Line to Propel Global Expansion and XRP <a href=\"https://laohu8.com/S/MSTR\">Strategy</a> Growth\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Webus International Ltd., a leader in AI-driven mobility solutions, is set to expand its operations across North America and the Asia-Pacific region. The company has secured a conditional Securities Purchase Agreement with Ripple <a href=\"https://laohu8.com/S/STRF\">Strategy</a> Holdings, offering a senior equity line of credit worth up to $100 million. 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Secures $100 Million Equity Line to Propel Global Expansion and XRP Strategy Growth\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-07-01 21:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Webus International Ltd. Secures $100 Million Equity Line to Propel Global Expansion and XRP <a href=\"https://laohu8.com/S/MSTR\">Strategy</a> Growth\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Webus International Ltd., a leader in AI-driven mobility solutions, is set to expand its operations across North America and the Asia-Pacific region. The company has secured a conditional Securities Purchase Agreement with Ripple <a href=\"https://laohu8.com/S/STRF\">Strategy</a> Holdings, offering a senior equity line of credit worth up to $100 million. This funding is aimed at accelerating Webus's XRP treasury strategy, which includes initiatives like crypto-enabled payments and blockchain-based loyalty programs. The agreement allows for flexible capital raising, with drawdowns between $250,000 to $3 million, contingent on market conditions and capital needs. 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ID: GNW9487341-en) on July 01, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NDAQ","symbol_name":"納斯達克OMX交易所","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250701:nNDLl9XQ2:1","article_id":"2548788001","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548788001","pubTimestamp":1751374835,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Webus International Ltd., a leader in AI-driven mobility solutions, is set to expand its operations across North America and the Asia-Pacific region. 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