Webull and Coinbase Expand Crypto Partnership to Canada

Coinbase and Webull are expanding their partnership to provide crypto infrastructure services in Canada. This move builds on Coinbase's existing platform, which powers Webull's crypto offerings in the US, Brazil, and Australia.

The Canadian arm of Webull will utilize Coinbase's core services, including liquidity access and custody, under a new arrangement. The partnership is set to bring institutional-grade trading and custody services to Canadian investors through Webull's platform.

A recent survey by the Ontario Securities Commission found that 25% of Canadians now own crypto assets, up from 10% in 2023. This growing demand for crypto investment has prompted Webull Canada CEO Michael Constantino to emphasize the need for reliable infrastructure.