Webull Enters Canadian Crypto Market with Coinbase Partnership

Webull has expanded its Canadian platform to include cryptocurrency trading. The move adds digital assets to Webull's existing stocks, ETFs and options offering for Canadian clients.

The company cited rising Canadian crypto ownership as a reason for the expansion, pointing to Ontario Securities Commission research showing 25% of Canadians now own digital assets, up from 10% in 2023. Webull already offers crypto trading in several countries including the US, Australia and Brazil.

Coinbase will provide the underlying trading and custody services for Webull's Canadian crypto offering through its Crypto-as-a-Service infrastructure. The move adds ten cryptocurrencies to Webull's Canadian website, including Bitcoin (BTC), Ether (ETH) and Solana (SOL).