WEBUY GLOBAL LTD. Partners with Victory Securities to Pioneer Stablecoin Adoption
WEBUY GLOBAL LTD. (Nasdaq: WBUY), a Southeast Asian e-commerce and travel tech company, has announced a strategic partnership with Victory Securities (8540.HK) to explore stablecoin payment initiatives. Victory Securities, established in 1971, is notably the first licensed firm in Hong Kong authorized to provide virtual asset services to retail investors.
The collaboration aims to integrate stablecoin-based payment infrastructure, focusing on trusted stablecoins like USDC and USDT. This initiative will position Webuy as a pioneer among Nasdaq-listed Southeast Asian e-commerce platforms in supporting stablecoin payments, enabling faster cross-border transactions for global travelers and suppliers.
WEBUY GLOBAL LTD. (Nasdaq: WBUY), un'azienda di e-commerce e tecnologia per il turismo del Sud-est asiatico, ha annunciato una partnership strategica con Victory Securities (8540.HK) per esplorare iniziative di pagamento tramite stablecoin. Victory Securities, fondata nel 1971, è la prima società autorizzata a Hong Kong a offrire servizi di asset virtuali agli investitori retail.
La collaborazione punta a integrare un'infrastruttura di pagamento basata su stablecoin affidabili come USDC e USDT. Questa iniziativa posizionerà Webuy come pioniere tra le piattaforme di e-commerce sud-est asiatiche quotate al Nasdaq nell'adozione di pagamenti in stablecoin, consentendo transazioni transfrontaliere più rapide per viaggiatori e fornitori globali.
WEBUY GLOBAL LTD. (Nasdaq: WBUY), una empresa de comercio electrónico y tecnología de viajes del Sudeste Asiático, ha anunciado una asociación estratégica con Victory Securities (8540.HK) para explorar iniciativas de pago con stablecoins. Victory Securities, fundada en 1971, es la primera firma autorizada en Hong Kong para ofrecer servicios de activos virtuales a inversores minoristas.
La colaboración tiene como objetivo integrar una infraestructura de pagos basada en stablecoins confiables como USDC y USDT. Esta iniciativa posicionará a Webuy como pionera entre las plataformas de comercio electrónico del Sudeste Asiático cotizadas en Nasdaq en el soporte de pagos con stablecoins, permitiendo transacciones transfronterizas más rápidas para viajeros y proveedores globales.
WEBUY GLOBAL LTD. (Nasdaq: WBUY)는 동남아시아의 전자상거래 및 여행 기술 회사로서 Victory Securities (8540.HK)와 전략적 파트너십을 체결하고 스테이블코인 결제 이니셔티브를 모색한다고 발표했습니다. 1971년에 설립된 Victory Securities는 홍콩에서 소매 투자자에게 가상자산 서비스를 제공할 수 있는 최초의 허가 받은 회사입니다.
이번 협력은 USDC 및 USDT와 같은 신뢰할 수 있는 스테이블코인 기반 결제 인프라를 통합하는 것을 목표로 합니다. 이 이니셔티브는 Webuy를 나스닥 상장 동남아시아 전자상거래 플랫폼 중 스테이블코인 결제를 지원하는 선도 기업으로 자리매김하게 하여 전 세계 여행자와 공급업체를 위한 더 빠른 국경 간 거래를 가능하게 할 것입니다.
WEBUY GLOBAL LTD. (Nasdaq : WBUY), une entreprise de commerce électronique et de technologie touristique d'Asie du Sud-Est, a annoncé un partenariat stratégique avec Victory Securities (8540.HK) pour explorer des initiatives de paiement en stablecoin. Fondée en 1971, Victory Securities est la première société agréée à Hong Kong à fournir des services d'actifs virtuels aux investisseurs particuliers.
Cette collaboration vise à intégrer une infrastructure de paiement basée sur des stablecoins fiables tels que USDC et USDT. Cette initiative positionnera Webuy en tant que pionnier parmi les plateformes de commerce électronique d'Asie du Sud-Est cotées au Nasdaq dans le soutien aux paiements en stablecoin, permettant des transactions transfrontalières plus rapides pour les voyageurs et fournisseurs mondiaux.
WEBUY GLOBAL LTD. (Nasdaq: WBUY), ein E-Commerce- und Travel-Tech-Unternehmen aus Südostasien, hat eine strategische Partnerschaft mit Victory Securities (8540.HK) angekündigt, um Initiativen für Zahlungen mit Stablecoins zu erkunden. Victory Securities, gegründet 1971, ist das erste lizenzierte Unternehmen in Hongkong, das Einzelhandelsinvestoren virtuelle Vermögenswerte anbieten darf.
Die Zusammenarbeit zielt darauf ab, eine Zahlungsinfrastruktur basierend auf vertrauenswürdigen Stablecoins wie USDC und USDT zu integrieren. Diese Initiative wird Webuy als Vorreiter unter den an der Nasdaq notierten südostasiatischen E-Commerce-Plattformen positionieren, die Stablecoin-Zahlungen unterstützen und schnellere grenzüberschreitende Transaktionen für globale Reisende und Lieferanten ermöglichen.
- First-mover advantage in stablecoin adoption among Nasdaq-listed Southeast Asian e-commerce platforms
- Partnership with a regulated, experienced financial institution with over 50 years of experience
- Potential for reduced transaction costs and improved payment efficiency through stablecoin integration
- Access to Victory Securities' expertise in virtual asset services and regulatory compliance
- Regulatory uncertainty surrounding stablecoin adoption in different jurisdictions
- Implementation risks associated with new payment infrastructure
- Potential volatility and risks inherent in cryptocurrency markets
Insights
Webuy's partnership with Victory Securities positions it as a pioneering Nasdaq-listed Southeast Asian e-commerce platform integrating stablecoin payments.
Webuy's partnership with Victory Securities represents a strategic positioning in the evolving digital payments landscape. Victory Securities brings significant credibility as the first Hong Kong-licensed firm authorized to provide virtual asset services to retail investors, offering Webuy legitimacy in a highly regulated space.
The integration of stablecoin payment infrastructure addresses several operational challenges: reducing cross-border payment friction, potentially lowering transaction costs, and facilitating faster settlement with international suppliers. For a company with operations across Southeast Asia, these efficiencies could translate to meaningful operational improvements.
This move signals Webuy's intent to differentiate itself among Nasdaq-listed Southeast Asian e-commerce platforms through financial innovation. By embracing USDC and USDT stablecoins initially, Webuy is selecting established digital assets with relative price stability and regulatory acceptance.
The partnership's exploratory nature indicates this is an early-stage initiative rather than an immediate implementation. Investors should view this as a strategic positioning move that could eventually yield competitive advantages in payment processing efficiency and cross-border commerce capabilities, but with execution details still to be determined.
By leveraging Victory Securities' five decades of financial services experience alongside their virtual asset capabilities, Webuy is adopting a measured approach to blockchain integration that balances innovation with regulatory compliance.
Singapore, July 23, 2025 (GLOBE NEWSWIRE) -- WEBUY GLOBAL LTD. (Nasdaq: WBUY) (“Webuy” or the “Company”), a fast-growing Southeast Asian e-commerce and travel tech company, is pleased to announce its intention to explore further collaboration on stablecoin payment initiatives for Webuy’s global travel and e-commerce operations and other potential business opportunities in virtual asset domain with Victory Security under the MOU that was signed earlier. Victory Securities Company Limited (stock code: 8540.HK) is a renowned Hong Kong-based financial services provider.
Victory Securities: Licensed Pioneer in Virtual Assets
Established in 1971, Victory Securities is a licensed corporation regulated by the Hong Kong Securities and Futures Commission (SFC), with over five decades of experience in securities trading, asset management, and financial advisory services. Notably, Victory Securities is the first licensed firm in Hong Kong authorized to provide virtual asset dealing and advisory services to retail investors, giving it a unique edge in guiding Webuy’s expansion into the crypto and stablecoin ecosystem.
“Victory Securities is excited to bring both traditional financial expertise and cutting-edge digital asset capabilities into our collaboration with Webuy,” said Kennix Chan, Executive Director of Victory Securities. “We see strong alignment in advancing Webuy’s capital structure while enabling safe and compliant adoption of stablecoin payment solutions — an innovation that supports its global growth. We look forward to exploring further opportunities with WEBUY in virtual assets space in the near future.”
Webuy’s Vision: Stablecoin Payments for Global Commerce
Through this partnership, Webuy and Victory Securities will jointly explore the integration of stablecoin-based payment infrastructure, enabling fast, secure, and borderless transactions for global travelers and cross-border suppliers. This effort will position Webuy at the forefront of Nasdaq-listed Southeast Asian e-commerce platforms to fully support stablecoin payments, starting with trusted stablecoins like USDC and USDT.
“Stablecoins open a new chapter for our business model,” said Xue Bin, CEO and Co-Founder of Webuy Global Ltd. “With Victory Securities as our partner — the first in Hong Kong authorized to offer virtual asset services to retail investors — we are well positioned to develop a crypto-ready ecosystem that enhances customer experience, reduces payment friction, and facilitates cross-border supplier settlement.”
About WEBUY GLOBAL LTD.
WEBUY GLOBAL LTD. is a technology-driven company transforming community e-commerce and travel across Southeast Asia. The company enhances its group-buy model with predictive AI, personalized recommendations, and community-led engagement, while its travel vertical delivers curated itineraries and real-time support through its proprietary AI Travel Consultant. Webuy is committed to delivering high-quality, affordable products and travel services that improve the lives of millions across the region. For more information, visit https://www.webuy.global.
About Victory Securities
Victory Securities Company Limited, established in 1971, is a licensed corporation under the Securities and Futures Commission of Hong Kong. It is the first licensed firm authorized to offer virtual asset trading and advisory services to retail investors. Victory specializes in securities trading, asset management, and fintech innovation for clients across the Greater China region. Learn more at https://www.victoryfg.com.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected due to various factors, including operational execution, market dynamics, and regulatory requirements. Webuy Global Ltd. undertakes no obligation to update any forward-looking statements, except as required by law.
WEBUY GLOBAL LTD. Email: ir@webuy.global
FAQ
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