Nasdaq-Listed Webus Adopts XRP in New Tokenized Reward Platform, Eyes $20B Loyalty Market

Michael Adeleke
3 hours ago
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Webus launches XRP-based tokenized rewards exchange to unlock liquidity.

Highlights

  • Webus International will integrate XRP settlement into its upcoming tokenized travel rewards exchange.
  • The platform will allow travelers to redeem and convert points across transport networks using XRP for instant payments.
  • CEO Nan Zheng says the initiative aims to unlock real liquidity in the loyalty sector.

Nasdaq-listed Webus has announced plans to integrate XRP settlement into its upcoming tokenized travel rewards exchange. This is in a bid to position itself in the $20 billion loyalty market.

Webus Targets Loyalty Market With XRP-Powered Tokenization

Webus International unveiled its plan for a blockchain-driven loyalty exchange platform that enables travelers to redeem and convert points across airlines, hotels, and mobility networks. The initiative will use XRP stablecoin settlement to enhance cross-border liquidity, transparency, and interoperability.

In a recent post on X, crypto lawyer Bill Morgan shared that they had filed with the SEC to establish the tokenized travel reward exchange platform.  

According to Webus CEO Nan Zheng, the project’s goal is to unify the global loyalty landscape.

 “Our mission is to unlock real liquidity in the loyalty market. By using XRP settlement, we can make reward redemptions instant, borderless, and cost-efficient,” Zheng said.

The platform’s rollout will occur in phases, pending regulatory approval. Pilot programs are already under evaluation in North America and Asia. Webus expects that once adoption grows, the service will expand globally, connecting reward systems under a single interoperable network.

This latest announcement follows Webus’s previous SEC filing in partnership with Samara Alpha Management LLC. They outlined plans to manage up to $300 million in the Ripple token as part of its treasury operations.

This is in line with a more general change in the industry as businesses incorporate the token into their holdings. New data shows that XRP treasuries have now collectively surpassed $11.5 billion.

Ripple’s Ecosystem Gains Ground as Institutional Adoption Rises

The firm’s adoption of the roken adds momentum to the digital asset’s expanding real-world utility. The move coincides with new developments across the XRPL ecosystem. 

For instance, the ledger team launched the Multi-Purpose Token (MPT) standard. This protocol helps tokenize real-world assets without needing complicated smart contracts. It includes features for compliance, such as identity verification (KYC) and anti-money laundering (AML) controls.

Meanwhile, Ripple is now focusing on stablecoins and tokenized assets as key uses for institutional DeFi. The XRPL has processed over $1 billion in stablecoin transactions each month and is ranked among the top ten blockchains for tokenizing real-world assets.

Institutional interest in the token has also grown. Over the past 18 weeks, XRP recorded $61.6 million in investments, despite wider market downturns. 

The CME Group also introduced micro futures and options products for Solana and the Ripple coin.  This represents yet another significant turning point in the growing institutional adoption of the token.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.