China’s Webus Eyes $300M XRP Treasury Plan in SEC Filing, Partners with Samara Alpha

China-based Webus International has taken a significant step toward crypto adoption, filing a disclosure with the U.S. Securities and Exchange Commission (SEC) detailing plans for a $300 million XRP-focused corporate treasury initiative.

The move, submitted via a Form 6-K — a standard filing for foreign companies updating U.S. investors — signals Webus’s intent to tap into non-equity financing and credit facilities to fund the plan. The company is known for its presence in the automotive and hospitality sectors.

As part of the strategy, Webus is teaming up with Samara Alpha, an asset management firm, to help structure and manage its XRP treasury operations. In addition to investing in the cryptocurrency, Webus intends to integrate Ripple’s blockchain-based payment network into its financial infrastructure. This aims to enhance cross-border settlement efficiency and improve booking and transaction transparency across its travel and hospitality services.

The initiative reflects a broader trend of institutional interest in XRP and Ripple’s ecosystem. XRP is currently the fourth-largest cryptocurrency by market capitalization, signaling growing legitimacy among corporate players.

Webus is not alone in this approach. In recent weeks, VivoPower, a Nasdaq-listed clean energy company, announced a $121 million XRP-centered treasury strategy, reportedly backed by Saudi royal family investors. Meanwhile, Wellgistics, a healthcare logistics firm based in Florida, secured $50 million in equity financing to support its own XRP-based payments infrastructure and digital reserve.