China-based mobility and artificial intelligence solutions company Webus International is entering a new phase in its digital asset strategy. Listed on NASDAQ under the ticker WETO, the company has signed a $300 million asset management agreement with U.S.-based investment firm Samara Alpha to manage its XRP reserves.
A Corporate Strategy Centered on XRP
With this agreement, Webus joins the ranks of companies positioning XRP as a reserve asset. Although the transfer of XRP assets has not yet taken place, the framework agreement signed between the parties will enable Webus to manage these assets professionally through Samara Alpha in the future.
This step reflects Webus's intention to establish a regulation-compliant and institutionally standard digital asset strategy. The company sees XRP not only as a reserve asset but also as a low-cost and fast alternative for cross-border payment solutions.
“Risk Control Through Professional Management”
Commenting on the development, Webus CEO Nan Zheng said, “Working with a partner at institutional standards will allow us to effectively manage risks while managing our digital assets. This agreement is just a beginning for us,” he said.
Samara Alpha Investment Director Adil Abdulali described the cooperation with Webus as “a long-term and reliable digital asset management strategy.”
Increasing Institutional Interest in XRP
Due to its low transaction costs and high transaction speed, XRP is increasingly attracting the attention of institutional companies, particularly in the field of financial technologies. Webus’s move is considered one of the important developments supporting the institutional growth of the Ripple ecosystem.
Recent similar moves from various industries show that XRP is seen not only as an investment vehicle but also as a serious payment and reserve asset.
