Core Insights - Webus International Limited has signed a conditional Securities Purchase Agreement with Ripple Strategy Holdings for a senior equity line of credit of up to US$100 million [2][3] - The funding is intended to support the growth of Webus's XRP treasury strategy, which includes crypto-enabled payments and blockchain-based loyalty programs [4][5] - The facility is designed to be shareholder-friendly, allowing for drawdowns between $250,000 and $3 million over a 24-month period, depending on market conditions [3][5] Company Overview - Webus International Limited specializes in AI-driven mobility solutions, focusing on premium, customizable chauffeur services globally [2][6] - The company operates under the flagship brand "Wetour," offering high-end travel services such as airport transfers and luxury-chartered services [7] - Webus is exploring innovative treasury strategies through a digital asset management framework, with a potential cap of up to US$300 million for future XRP treasury operations [8] Strategic Goals - The funding will enhance Webus's ability to raise capital strategically while minimizing shareholder dilution, thereby accelerating growth in North America and Asia-Pacific [5] - The company aims to integrate blockchain technology for cross-border payment solutions and global expansion initiatives [8] - Webus leverages proprietary technology to provide real-time AI support and multilingual itinerary management for seamless mobility solutions [9]