Webus International Soars 10.04% on $300M XRP Blockchain Investment

Webus International's stock price surged by 10.04% in pre-market trading on June 4, 2025, marking a significant rise in its stock price.

Webus International, a leading provider of premium chauffeur services, has announced an ambitious plan to allocate $300 million for the integration of XRP blockchain technology. This initiative is part of the company's broader vision to create a seamless, borderless travel experience, leveraging blockchain and AI to redefine cross-border mobility and payment systems.

The strategic financing plan aims to build a substantial XRP reserve, which will be used to obliterate global payment barriers and enhance the efficiency of travel payments. This move is expected to position Webus International at the forefront of the blockchain and AI-driven travel industry, potentially attracting investors who are bullish on the future of digital currencies and innovative payment solutions.