Coinbase Teams Up with Webull to Bolster Canadian Crypto Offerings

Coinbase has expanded its Canadian operations through an infrastructure agreement with Webull Canada.

The partnership, which comes as more Canadians add crypto to their investment portfolios, underscores the growing need for regulated platforms to bridge traditional and digital finance.

As part of the deal, Coinbase will supply Webull Canada with essential crypto infrastructure and access to liquidity, allowing users to trade cryptocurrencies through Coinbase's technology.

The agreement could strengthen Webull's ability to scale its digital asset offering, particularly as a recent Ontario Securities Commission survey found that 25% of Canadians now own crypto, up from 10% in 2023.