Singapore, July 23, 2025 — WEBUY GLOBAL LTD. (Nasdaq: WBUY) (“Webuy” or the “Company”), a rapidly expanding Southeast Asian e-commerce and travel tech firm, is pleased to announce its intention to explore enhanced collaboration on stablecoin payment initiatives for Webuy’s global travel and e-commerce operations, alongside other potential business avenues in the virtual asset domain with Victory Securities. This exploration falls under a previously executed Memorandum of Understanding. Victory Securities Company Limited (stock code: 8540.HK) is a well-known financial services provider based in Hong Kong.
Victory Securities: A Licensed Leader in Virtual Assets
Established in 1971, Victory Securities operates as a licensed entity regulated by the Hong Kong Securities and Futures Commission (SFC), boasting over five decades of expertise in securities trading, asset management, and financial advisory services. Notably, Victory Securities stands as the first licensed company in Hong Kong authorized to offer virtual asset dealing and advisory services to retail investors. This unique authorization provides a significant advantage in guiding Webuy’s expansion into the cryptocurrency and stablecoin ecosystem.
“Victory Securities is enthusiastic about integrating both traditional financial knowledge and advanced digital asset capabilities into our partnership with Webuy,” stated Kennix Chan, Executive Director of Victory Securities. “We perceive a strong alignment in bolstering Webuy’s capital structure while facilitating the secure and compliant adoption of stablecoin payment solutions — an innovation that supports its global expansion. We anticipate exploring further opportunities with WEBUY in the virtual assets sector in the near future.”
Webuy’s Goal: Stablecoin Transactions for Worldwide Trade
Through this partnership, Webuy and Victory Securities will jointly investigate the implementation of stablecoin-based payment infrastructure. This aims to enable fast, secure, and borderless transactions for international travelers and cross-border suppliers. This initiative will position Webuy as a pioneer among Nasdaq-listed Southeast Asian e-commerce platforms to fully support stablecoin payments, beginning with established stablecoins such as USDC and USDT.
“Stablecoins signify a new chapter for our business model,” remarked Xue Bin, CEO and Co-Founder of Webuy Global Ltd. “With Victory Securities as our partner — the first firm in Hong Kong authorized to provide virtual asset services to retail investors — we are well-positioned to develop a crypto-ready ecosystem that enhances customer experience, reduces payment friction, and streamlines cross-border supplier settlements.”
About WEBUY GLOBAL LTD.
WEBUY GLOBAL LTD. is a technology-driven company that is revolutionizing community e-commerce and travel across Southeast Asia. The company enhances its group-buy model through predictive AI, personalized recommendations, and community-led engagement. Concurrently, its travel vertical delivers curated itineraries and real-time support via its proprietary AI Travel Consultant. Webuy is dedicated to offering high-quality, affordable products and travel services that improve the lives of millions throughout the region. For additional details, visit .
About Victory Securities
Victory Securities Company Limited, founded in 1971, is a licensed corporation operating under the Securities and Futures Commission of Hong Kong. It holds the distinction of being the first licensed firm authorized to offer virtual asset trading and advisory services to retail investors. Victory specializes in securities trading, asset management, and financial technology innovation for its clientele across the Greater China region. Learn more at .
Forward-Looking Statements
This press release contains statements that are forward-looking and involve various risks and uncertainties. Actual outcomes may differ substantially from those projected due to numerous factors, including operational execution, market dynamics, and regulatory mandates. Webuy Global Ltd. is not obligated to update any forward-looking statements, except where required by law.
CONTACT: WEBUY GLOBAL LTD. Email: ir@webuy.global
