Webull Expands Crypto Services to Canada via Coinbase Partnership

Webull has expanded its cryptocurrency services to Canada through a partnership with Coinbase. The agreement provides Webull's Canadian users access to digital asset trading and custody using Coinbase's Crypto-as-a-Service (CryptoaaS) platform.

The setup is similar to one already in place for the US, Brazil, and Australia. This means that Webull will manage the user interface while Coinbase handles liquidity, custody, and trading infrastructure behind the scenes.

According to Webull's CEO, Michael Constantino, Canadian investors are looking for access to different assets, and demand for cryptos has been growing over time. He stated that Coinbase offers the required scalability and reliability for the service provision.