China-based AI mobility firm Webus International is making bold strides into the crypto space with a formal filing to the U.S. Securities and Exchange Commission (SEC), detailing its intent to establish a dedicated XRP treasury reserve. The move marks another major institutional vote of confidence in Ripple’s native token as a cornerstone of future cross-border payment infrastructure.
SEC Filing Confirms Strategic XRP Initiative
On June 3, XRP advocate and legal expert Bill Morgan shared Webus International’s Form 6-K SEC filing, which outlines the company’s plans to launch a treasury strategy centered on XRP. The announcement builds on a May 29 declaration in which the company revealed it was pursuing a \$300 million non-equity financing initiative aimed at developing a strategic XRP reserve.
According to Nan Zheng, CEO of Webus International, the company believes XRP will help overcome the limitations of traditional financial systems, offering faster, cheaper, and more scalable cross-border payment solutions.
“The potential implementation of an XRP reserve is expected to reduce traditional payment limitations and enable easier, more efficient payment systems,” Zheng stated.
Backed by Institutional Asset Management Expertise
To reinforce its digital asset strategy, Webus International has engaged Samara Alpha, a SEC-registered asset manager, to help design and implement a structured XRP treasury framework. The partnership will support compliance, operational logistics, and future scalability of Webus’s digital asset holdings.
This collaboration signals a maturing approach among institutions entering the crypto space, prioritizing both technological integration and regulatory alignment.
XRP’s Expanding Institutional Adoption
Webus International’s initiative adds to a growing wave of institutional interest in XRP. Just last week, VivoPower International, a Nasdaq-listed energy firm, announced a \$121 million private placement to build its own XRP reserve. Together, these moves suggest a growing belief in XRP’s viability for global remittances and liquidity management.
Meanwhile, Ripple’s ecosystem continues to expand internationally. The Dubai Financial Services Authority (DFSA) has approved Ripple’s RLUSD stablecoin for use in the Dubai International Financial Centre (DIFC), allowing DFSA-regulated platforms to incorporate Ripple’s regulated stablecoin into their services yet another step in solidifying XRP’s utility in regulated markets.
Market Reaction: XRP Price Holds Steady
Despite the influx of positive institutional news, XRP’s price has remained relatively stable, reflecting only a 1.4% gain over the last 24 hours, trading at \$2.25 at press time. While the price has yet to react significantly, analysts suggest this period of accumulation may precede a more meaningful move, particularly if momentum continues to build across the Ripple ecosystem.
Webus International’s SEC filing and \$300 million XRP reserve strategy underline a growing institutional shift toward digital assets particularly those with proven utility in payment systems like XRP. Backed by asset management expertise and riding a wave of global regulatory advancements, XRP’s role in future finance is being quietly but powerfully cemented.
