Webus International, a Chinese car and tourist service provider customizable for travelers around the world, said it planned to raise up to $ 300 million thanks to no balance to establish an XRP XRP reserve supporting its global driver’s network for driver.
The reserve is part of a wider thrust to integrate XRP cross -border regulations into the Webus ecosystem, including reservation records on the channel and a loyalty program based on web3, said the company.
The initiative aims to rationalize international payments while preserving the value of actions by relying on loans, credit lines and shareholders’ guarantees rather than issuing new actions, CEO Nan Zheng said in the press release.
The announcement follows on international vivopower plans based in Saudi Arabia to build an XRP treasure of $ 121 million, indicating growing interests on the part of companies in the fourth token by market capitalization.
The financing plan is non -binding and subject to final agreements and reasonable diligence.
Webus added that he was renewing a partnership with Tongcheng Travel Holdings, one of the largest online travel agencies in China, to extend their charter lines “WWOURT X Tongcheng” – declaring that they would aim to use the large XRP book to adjust cross -border rides and driver payments.
