Webull launches crypto in Canada via Coinbase — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Webull is expanding into Canada with cryptocurrency trading, adding the country to a crypto footprint that already includes the United States, Australia and Brazil
- Coinbase is powering the Canadian offering through its Crypto-as-a-Service infrastructure, providing the underlying trading and custody services
- Webull's Canadian website displays 10 cryptocurrencies including Bitcoin, Ether and Solana, with additional assets also available
- Webull cited Ontario Securities Commission research showing Canadian digital asset ownership rose to 25% this year, up from 10% in 2023
- Canada's federal Stablecoin Act, introduced following the 2025 federal budget, would set requirements for domestic and foreign issuers as regulators move toward clearer industry rules
Why it matters: By outsourcing the crypto backend to Coinbase, Webull skips the cost of building trading and custody infrastructure while capturing a Canadian market where one in four adults now owns digital assets — up from 10% in 2023. Canadian retail clients gain in-app crypto access without a separate platform, and Webull positions itself ahead of pending stablecoin rules that could reshape which providers dominate the market.
Ask SkimNews
