Chinese Firm Webus' Stock Jumps After Filing With SEC for $300M XRP Strategic Reserve

coindesk.com/markets/2025/06/04/chinese-firm-webus-stock-jumps-after-filing-with-sec-for-300m-xrp-strategic-reserve

China-based Webus International (WETO) filed a Form 6-K with the U.S. Securities and Exchange Commission on Tuesday with plans to build a $300 million XRP-focused corporate treasury.
The filing follows an earlier May announcement by the firm, which aims to fund the initiative using loans…

This story appeared on coindesk.com, 2025-06-04 14:15:34.
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