Coinbase, Webull Partner on Crypto Services in Canada

Coinbase and Webull have expanded their infrastructure collaboration into the Canadian market, allowing Webull Canada Crypto Limited to utilize Coinbase's custody solutions and liquidity provision.

The partnership positions Coinbase as the primary infrastructure provider for Webull Canada, which operates under the oversight of the Canadian Investment Regulatory Organization (CIRO).

Cryptocurrency ownership among Canadians has surged to 25% from 10% in 2023, according to an Ontario Securities Commission survey.