Webus International, a Chinese AI solutions company listed in Nasdaq, announced today that it planned to invest up to $ 300 million in an XRP reserve. The company claims that this strategy is mainly aims to facilitate cross -border payments.
In addition, Webus aims to use XRP to help extend other development ambitions related to the blockchain of a native business. Depending on the success of the investment, the company can integrate chain solutions in several areas.
The bets of a Chinese company are very important on XRP
In recent months, many companies have attempted serious attempts to have substantial quantities of cryptocurrency.
Obviously, Bitcoin was an early and lasting favorite, but some companies have started to experiment with altcoins like Solana. Today, a Chinese company innovates again by considering investing up to $ 300 million in an XRP reserve.
Webus is not the only Chinese company Considering an investment in massive cryptography this month, but its XRP reserve plan seems more deliberate.
Two weeks ago, Addentax Group, a logistics company, considered investing $ 800 million in BTC and Trump. This may have been an attempt to obtain a pricing relief, and Addentax barely mentioned its cryptographic ambitions.
On the other hand, Webus described a long -term vision of the XRP reserve in explicit details:
“These strategic developments have the potential to create a powerful synergy between our national and international operations. The integration of an integration of the XRP blockchain has the potential to revolutionize the way we manage cross -border payments for partners and travelers around the world, “said Nan Zheng, CEO of Webus.
In other words, Webus AI solutions are aimed at customers around the world, and DEFI can help smoothing recurring problems. Chinese companies may experience difficulties with banking treatment beyond borders, but XRP can provide a solution.
Webus mentions the use of tokens for loans, shareholders’ guarantees, third -party credit and other basic financial interactions.
In addition, an investment of $ 300 million could help a specific AI company to access the other advantages of web3. In addition to improving cross payment operations, XRP integration will help develop the company’s blockchain infrastructure.
Webus’ press release mentions some concrete objectives such as holding chain files, loyalty tokens and customer wallets.
Meanwhile, the company’s share price has increased by more than 60% of after-sales prices since the announcement.
XRP is already a prominent cryptoset, but $ 300 million is a substantial sum of money by any measure. If Webus helps integrate the token into the Chinese AI ecosystem, it could prove to be very beneficial for XRP and for the company.
According to the success of this reserve strategy, Webus could define a new trend for the global integration of crypto.
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