Coinbase Expands Crypto Partnership with Webull to Canada
Coinbase and Webull have expanded their crypto partnership to Canada, offering institutional-grade custody and trading services to Canadian investors through Webull's platform. This move builds on Coinbase's Crypto-as-a-Service platform, which already powers Webull's crypto offerings in the United States, Brazil, and Australia.
Under the arrangement, Coinbase will provide core crypto infrastructure, including liquidity access and custody services, for Webull Canada Crypto Limited, a regulated entity by the Canadian Investment Regulatory Organization (CIRO) and a member of the Canadian Investor Protection Fund (CIPF).
According to Michael Constantino, CEO of Webull Canada, 'Our partnership with Coinbase provides the infrastructure needed to deliver this offering with the scale and reliability our clients expect.'