Webus Signs up to $300 Million XRP Treasury Management Agreement with Top-Tier Manager Samara Alpha, Making a Major Step in Its XRP Treasury Strategy

Rhea-AI Summary

Webus International Limited (NASDAQ: WETO), a leading AI-driven mobility solutions provider, has signed a Delegated Digital-Asset Management Agreement with Samara Alpha Management LLC, establishing a framework for potential XRP treasury operations with a mandate cap of $300 million. The agreement positions Samara Alpha as Webus's exclusive delegated manager for digital assets, though no assets have been transferred or committed yet. The framework follows a phased implementation approach, with the management mandate becoming effective only upon actual asset transfer to designated custody wallets. This strategic move aligns with Webus's exploration of innovative treasury strategies, partnering with a regulated, institutional-grade manager for potential future digital asset management.

Positive

• Partnership with SEC-registered investment adviser provides institutional-grade infrastructure and expertise
• Strategic framework allows for flexible implementation with up to $300 million mandate cap
• Phased approach demonstrates prudent risk management with no immediate asset commitment

Negative

• No immediate implementation or asset transfer, indicating uncertainty in timeline
• Exposure to volatile crypto assets could pose risks to treasury management
• Limited to XRP management only, lacking diversification in digital asset strategy

Insights

Financial Analyst

Webus establishes $300M XRP management framework but has committed no assets yet, signaling exploratory crypto treasury strategy.

Webus has taken a preliminary step toward incorporating digital assets into its treasury operations by signing a management agreement with Samara Alpha for up to $300 million in XRP assets. This agreement is purely a framework at this stage - no assets have actually been transferred or committed, and no investment activity has begun. The arrangement essentially creates the infrastructure for potential future digital asset operations.

The structure includes several notable safeguards: the management mandate only activates when Webus transfers assets to designated custody wallets, suggesting a cautious, phased approach. Selecting Samara Alpha, an SEC-registered investment adviser, indicates Webus is prioritizing regulatory compliance and institutional-grade management if they proceed.

This represents a strategic exploration rather than a definitive commitment to crypto treasury holdings. For context, many companies exploring crypto treasury strategies establish frameworks before making actual investments, allowing them to move quickly when market conditions align. The exclusive nature of the agreement with Samara Alpha suggests Webus has negotiated favorable terms while maintaining maximum flexibility to determine the timing and scale of any actual implementation.

Hangzhou, CHINA, June 02, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (“Webus” or the “Company”) (NASDAQ: WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced the signing of a Delegated Digital-Asset Management Agreement (the “Agreement”) with Samara Alpha Management LLC ("Samara Alpha"), a top-tier SEC-registered investment adviser, establishing a strategic framework for potential future digital asset treasury operations.

Framework for Digital Asset Management

The Agreement establishes Samara Alpha as Webus's exclusive delegated manager for digital assets, with an authorized mandate cap of up to US$300 million. This strategic framework，as mentioned in our press release on May 29, 2025, is designed to provide Webus with institutional-grade infrastructure and expertise for potential future digital asset treasury operations, specifically focused on XRP management.

This Agreement represents a major step in Webus's exploration of innovative treasury strategies, though it is important to note that the Agreement is structured with a phased implementation approach. The management mandate becomes effective only upon Webus's actual transfer of digital assets to designated custody wallets. As of this announcement, no assets have been committed or transferred, and no investment activity has commenced under this framework.

Management Commentary

Mr. Nan Zheng, Chief Executive Officer of Webus, stated, "This Agreement defines a clear structure for trusted digital asset management in the future. As we continue to evaluate innovative approaches to treasury management, establishing this framework with a regulated, institutional-grade partner provides us with strategic optionality while maintaining prudent controls. Samara Alpha brings institutional-grade discipline, and we look forward to activating the mandate when operational needs and funding align."

Mr. Adil Adbulali, Chief Investment Officer at Samara Alpha, added, "We are proud to partner with Webus on this long-term mandate. Our institutional approach to digital asset management combines rigorous risk management with specialized expertise in this evolving asset class. Upon activation, we will deliver secure, regulated infrastructure for responsible crypto asset management, leveraging our experience to provide Webus with professional oversight of their potential future digital asset operations."

About Webus International Limited

Webus International Limited is a recognized provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services for travelers worldwide. Through our innovative "Mobility-as-a-Service" (MaaS) model, we deliver exceptional personalized transportation experiences with our extensive fleet of luxury vehicles and professional chauffeurs. 

Our flagship brand “Wetour” specializes in high-end customized travel services, offering airport transfers, intercity transportation, private guided tours, and luxury-chartered services for both leisure and business travelers. Leveraging proprietary technology, our platform integrates real-time AI support with 24/7 multilingual itinerary management, ensuring seamless mobility solutions across all international destinations we serve. For more information, please visit our website at https://ir.wetourglobal.com or www.wetourglobal.com. 

Forward-Looking Statements
 
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company's statements regarding the trading of its ordinary shares on the Nasdaq Capital Market. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Investor Relations Contact:

Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

FAQ

What is the value of Webus's XRP treasury management agreement with Samara Alpha?

The agreement establishes a mandate cap of up to $300 million, though no assets have been transferred or committed yet.

When will Webus WETO begin transferring assets under the Samara Alpha agreement?

The timeline for asset transfer is not specified. The management mandate becomes effective only upon Webus's actual transfer of digital assets to designated custody wallets.

Who is managing Webus's digital asset treasury operations?

Samara Alpha Management LLC, an SEC-registered investment adviser, has been appointed as Webus's exclusive delegated manager for digital assets.

What type of cryptocurrency will Webus WETO hold in its treasury?

The agreement specifically focuses on XRP management for potential future digital asset treasury operations.

How does the Webus-Samara Alpha agreement impact shareholders?

The agreement provides Webus with institutional-grade infrastructure for potential future digital asset management, though there is no immediate impact as no assets have been committed yet.