Weibo International plans to raise up to $300 million to establish XRP reserves to support its global payment solutions

Odaily Planet Daily News: Mobile travel service provider Webus International Limited is exploring a financing strategy of up to $300 million to establish an XRP reserve through diversified non equity financing tools to support its global payment solutions. This strategy may include utilizing available cash reserves, bank loans, shareholder guarantees, and third-party credit support from traditional banks. By adopting these non dilutive financing methods, the company aims to maintain capital flexibility, support long-term growth, and protect shareholder value while advancing its digital asset and cross-border payment strategy goals.