Coinbase, Webull Team Up for Canadian Expansion

Crypto exchange Coinbase has partnered with trading platform Webull to expand its operations in Canada. The new partnership, built on Coinbase's Crypto-as-a-Service platform, will enable Webull Canada to offer institutional-grade custody and trading services.

Webull selected Coinbase due to its comprehensive offering of assets, global coverage, flexibility, and scale, as well as its position as a trusted and compliant publicly traded company. The partnership has allowed Webull to expand its crypto offering across multiple countries, driving higher notional trading volumes on their platform.

Michael Constantino, CEO of Webull Canada, stated that the partnership with Coinbase provides the infrastructure needed to deliver this offering with the scale and reliability their clients expect. He emphasized that as adoption continues to grow across the country, they remain focused on giving investors secure, regulated tools to build their portfolios on their own terms.