Webull Brings Crypto Trading to Canada via Coinbase Partnership

Webull has expanded its cryptocurrency trading services to Canada, leveraging Coinbase's Crypto-as-a-Service platform. This move adds Canada to Webull's existing crypto operations in the United States, Brazil, and Australia.

The Canadian platform currently offers 10 cryptocurrencies, including Bitcoin, Ethereum, and Solana, with other digital assets available as well. According to an Ontario Securities Commission survey, cryptocurrency ownership in Canada has risen to 25%, up from 10% in 2023.

Coinbase will provide the underlying trading and custody infrastructure for Webull's Canadian crypto service, which is already integrated with stocks, exchange-traded funds (ETFs), and options. The launch comes as Canada develops a federal regulatory framework for fiat-backed stablecoins, including requirements for issuer registration, reserves, and redemption.