Travel and AI mobile solutions leader Webus has taken a significant step in its digital asset strategy by entering into an agreement with renowned asset management firm Samara Alpha. The partnership, recently filed with the SEC, marks an important milestone in Webus's financial infrastructure development.
According to the official SEC filing, Webus has granted Samara Alpha control over up to $300 million in digital assets, establishing a framework for professional external administration of these resources.
While the agreement includes potential provisions for XRP reserve management, no specific investments have been initiated at this time. The collaboration represents Webus's commitment to implementing robust financial controls as it expands its digital business operations.
To further support its digital expansion, Webus has announced plans to raise up to $300 million through loans or debt financing. CEO Nan Zheng emphasized the company's focus on "building a structured digital asset management framework with trusted partners," highlighting the importance of this strategic move.
In parallel with these financial developments, Webus continues to innovate in payment solutions. The company is actively exploring integration with Ripple's payment system to enhance its cross-border transaction capabilities, particularly for its core hotel booking and travel services. This initiative prioritizes transaction speed, transparency, and cost efficiency - key factors in the travel technology sector.