Webull launches crypto trading in Canada via Coinbase — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Webull announced Monday it is launching crypto trading in Canada, running the offering on Coinbase's Crypto-as-a-Service infrastructure, which provides underlying trading and custody services
- Webull's Canadian platform currently lists 10 cryptocurrencies including Bitcoin, Ether, and Solana, with the site indicating additional assets are also available
- Canada becomes the fourth market in Webull's crypto footprint, joining the United States, Australia, and Brazil
- Canadian crypto ownership rose to 25% in 2025 from 10% in 2023, according to Ontario Securities Commission research cited by Webull
- Canada's Stablecoin Act, introduced following the 2025 federal budget, would establish requirements for both domestic and foreign stablecoin issuers — Canada currently lacks comprehensive rules for fiat-backed stablecoins
- Webull is broadening its Canadian retail offering beyond stocks, ETFs, and options to include digital assets alongside traditional investments
Why it matters: Webull is entering a market where one in four Canadians now own crypto, betting that a 15-percentage-point ownership jump in two years signals sustained retail demand. By routing through Coinbase rather than building its own custody stack, Webull can compete with established Canadian exchanges almost immediately while regulators prepare the country's first stablecoin rules.
Ask SkimNews
