Nasdaq-Listed Webus Plans $300M XRP Reserve via SEC Filing
The post Nasdaq-Listed Webus Plans $300M XRP Reserve via SEC Filing appeared on BitcoinEthereumNews.com. Key Takeaways: Webus enters a $300M digital asset management agreement with SEC-registered Samara Alpha in a blueprint defining pivot towards crypto treasury operations. The attention is given to XRP and no assets have been transferred at this point but the framework and agreements are ready for swift deployment. SEC filing (6-K) confirms strategic intent, aligning Webus with institution-grade crypto portfolio management standards. Webus International Limited makes a significant foray into the crypto space. On June 2, the Nasdaq-listed AI mobility firm disclosed a strategic alliance with Samara Alpha Management LLC, enabling the management of up to $300 million in digital assets—primarily XRP. No money has yet changed hands, but the company’s SEC filing does lay out a clear framework for its digital asset treasury ambitions. A Quiet SEC Filing with Massive Implications On May 28, 2025, Webus International Limited completed a Delegated Digital Asset Management Agreement with Samara Alpha Management LLC, a US-based SEC-registered investment advisor. Several days later, the company submitted a Form 6-K to the U.S. Securities and Exchange Commission (SEC)—commonly an indication of material changes for public companies. Relatively unknown to date, the document details the intention to establish a $300 million crypto treasury reserve, which Samara Alpha would be the sole manager for. The partnership is tailored to XRP, one of the most institutionally recognized yet regulatory-scrutinized digital assets in the space. Webus’s decision to go public with the filing—not via marketing fanfare but through regulatory compliance—adds weight to the long-term seriousness of its treasury diversification strategy. Read More: SEC Uncovers $110M Crypto Scandal: Unicoin’s ‘Asset-Backed’ Claims Fall Apart Inside the Crypto Treasury Agreement Structure and Organization of Management Under the agreement: Samara Alpha shall have discretionary and delegated oversight of Webus’s digital assets transferred. The components include staking allocations, on-chain strategies, OTC execution, and custodial platforms.…
The post Nasdaq-Listed Webus Plans $300M XRP Reserve via SEC Filing appeared on BitcoinEthereumNews.com.
Key Takeaways: Webus enters a $300M digital asset management agreement with SEC-registered Samara Alpha in a blueprint defining pivot towards crypto treasury operations. The attention is given to XRP and no assets have been transferred at this point but the framework and agreements are ready for swift deployment. SEC filing (6-K) confirms strategic intent, aligning Webus with institution-grade crypto portfolio management standards. Webus International Limited makes a significant foray into the crypto space. On June 2, the Nasdaq-listed AI mobility firm disclosed a strategic alliance with Samara Alpha Management LLC, enabling the management of up to $300 million in digital assets—primarily XRP. No money has yet changed hands, but the company’s SEC filing does lay out a clear framework for its digital asset treasury ambitions. A Quiet SEC Filing with Massive Implications On May 28, 2025, Webus International Limited completed a Delegated Digital Asset Management Agreement with Samara Alpha Management LLC, a US-based SEC-registered investment advisor. Several days later, the company submitted a Form 6-K to the U.S. Securities and Exchange Commission (SEC)—commonly an indication of material changes for public companies. Relatively unknown to date, the document details the intention to establish a $300 million crypto treasury reserve, which Samara Alpha would be the sole manager for. The partnership is tailored to XRP, one of the most institutionally recognized yet regulatory-scrutinized digital assets in the space. Webus’s decision to go public with the filing—not via marketing fanfare but through regulatory compliance—adds weight to the long-term seriousness of its treasury diversification strategy. Read More: SEC Uncovers $110M Crypto Scandal: Unicoin’s ‘Asset-Backed’ Claims Fall Apart Inside the Crypto Treasury Agreement Structure and Organization of Management Under the agreement: Samara Alpha shall have discretionary and delegated oversight of Webus’s digital assets transferred. The components include staking allocations, on-chain strategies, OTC execution, and custodial platforms.…
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