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$300M XRP BET: Chinese Firms Moves Towards Strategic Crypto Investment

  • Webus International plans to invest $300 million in XRP to establish a crypto reserve and enhance its blockchain ecosystem.
  • The Chinese company, known for AI-powered mobility solutions, has filed a Form 6-K with the SEC for the investment in XRP.
  • Webus aims to use the XRP reserve for blockchain-driven travel and payment services, as well as develop blockchain infrastructure for global expansion.
  • Interest in XRP is growing among institutional investors, with Webus's initiative reflecting the increasing confidence in XRP as a significant player in financial systems.

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