In a significant development for the XRP ecosystem, Chinese company Webus has officially filed documentation with the SEC to establish a massive $300 million XRP treasury. This strategic move, detailed in a Form 6-K filing, signals growing institutional confidence in XRP’s role in global payments and could reshape cross-border transaction dynamics.
Strategic Partnership and Treasury Implementation
Webus has partnered with Samara Alpha through a Delegated Digital-Asset Management agreement, laying the groundwork for what could become one of the largest corporate XRP holdings. The company plans to leverage multiple funding sources, including:
- Available cash reserves
- Traditional bank lending facilities
- Shareholder guarantees
- Third-party institutional credit backing
This development comes amid China’s broader push for de-dollarization, suggesting a strategic alignment between corporate treasury diversification and national financial objectives.
Institutional Adoption Accelerates
Webus isn’t alone in its XRP treasury initiative. Nasdaq-listed VivoPower has secured $121 million for its XRP treasury strategy, partnering with BitGo for:
- $100 million initial XRP acquisition
- 24/7 OTC trading desk access
- Institutional-grade custody solutions
XRP ETF Prospects and Market Impact
The institutional interest coincides with growing optimism around XRP ETF approval. Current market data from Polymarket indicates:
- 92% probability of SEC approval by December 31, 2025
- 18% chance of approval before July 31, 2025
- Multiple major firms including Grayscale, Bitwise, and Franklin Templeton pursuing XRP ETF offerings
Expert Analysis and Price Outlook
Market analysts remain bullish on XRP’s prospects, with predictions ranging from $10 to $20 post-ETF approval. The current price of $2.18 represents a -2.14% 24-hour change, suggesting a potential accumulation phase before institutional capital deployment.
Frequently Asked Questions
What is the significance of Webus’s $300M XRP treasury?
This represents one of the largest corporate XRP investments to date, potentially setting a precedent for other institutions considering crypto treasury strategies.
How will the XRP ETF approval impact prices?
Analysts expect significant price appreciation due to increased institutional access and investment flows, with targets ranging from $10-20.
What is the timeline for potential ETF approval?
Market data suggests a 92% probability of approval by year-end 2025, though early approval before July appears less likely.