Microbus International and Ripple Strategy Holdings reach $100 million equity investment agreement

PANews reported on July 1 that according to Globenewswire, Nasdaq-listed mobile travel service provider Webus International announced that it has signed a conditional securities purchase agreement with Ripple Strategy Holdings to obtain a preferred equity credit line of up to US$100 million. The proceeds are expected to support the development of Webus' XRP financial strategy, including encrypted payments, blockchain-based loyalty programs, and other initiatives related to its global expansion.

Earlier news , Webus and SamaraAlpha signed a $300 million XRP funding agreement.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Related Topics
PANews APP
Spot gold breaks through the $4,500 mark
PANews Newsflash