Chinese Firm Files $300M XRP Plan with SEC for Crypto Integration

  • In a significant development that could mark a turning point for Ripple's XRP token adoption, Chinese tech firm Webus International Limited has officially filed a $300 million XRP treasury plan with the U.S. Securities and Exchange Commission (SEC). The Hangzhou-based company, known for its AI-driven mobility solutions, submitted a Form 6-K outlining its intention to incorporate XRP into its business operations, particularly for instant international payments and service bookings.