Bitcoin
Webull Launches Cryptocurrency Trading in Canada via Coinbase Partnership
Retail brokerage Webull has expanded its Canadian platform to offer digital assets using Coinbase's infrastructure services.
Brokerage platform Webull has expanded its Canadian services to include cryptocurrency trading, utilizing Coinbase's Crypto-as-a-Service infrastructure for execution and custody. The rollout adds digital assets alongside Webull's existing Canadian offerings of equities, exchange-traded funds, and options.
The Canadian service currently lists 10 cryptocurrencies, including Bitcoin, Ether, and Solana, with additional tokens planned. The expansion builds on Webull's existing crypto presence in the United States, Australia, and Brazil.
Webull pointed to increasing domestic adoption as a catalyst for the move, citing Ontario Securities Commission data showing Canadian digital asset ownership climbed from 10% in 2023 to 25% this year. The platform launch also coincides with ongoing regulatory developments in Canada, where lawmakers have proposed the Stablecoin Act to govern fiat-backed token issuers.
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