Webull expands crypto trading in Canada through Coinbase partnership
As digital-asset adoption rises in Canada, Webull is widening its local brokerage offering to include cryptocurrency trading through a collaboration with Coinbase. The move adds Canada to Webull’s crypto markets alongside the U.S., Australia and Brazil, and extends its product lineup beyond stocks, exchange-traded funds and options.
Highlights
- Webull launched crypto trading and custody in Canada using Coinbase’s Crypto-as-a-Service, supporting 10 cryptocurrencies including Bitcoin, Ether, and Solana.
- The platform integrates crypto with Webull’s existing Canadian self-directed investing services, increasing product breadth for retail clients.
- Ontario Securities Commission research shows digital-asset ownership in Canada rose to 25% in 2024 from 10% in 2023, amid clearer regulatory frameworks and the introduction of the Stablecoin Act.
Canadian rollout adds custody and trading support
As reported by Cointelegraph, Webull says its Canadian crypto offering runs on Coinbase’s Crypto-as-a-Service infrastructure, with Coinbase providing the underlying trading and custody services. Webull’s Canadian website currently lists 10 cryptocurrencies, including Bitcoin, Ether and Solana, while also indicating that additional assets are available.The expansion integrates digital assets into the company’s existing Canadian platform for self-directed retail investors. That gives clients access to cryptocurrencies alongside traditional investment products already offered in the market.
Regulatory clarity supports market growth
Webull cites increasing crypto adoption in Canada as a key reason for the launch, pointing to Ontario Securities Commission research that it says shows digital-asset ownership has risen to 25% this year from 10% in 2023. The company is entering the market as Canadian regulators continue to develop clearer rules for the sector.Canada still does not have comprehensive rules for fiat-backed stablecoins, but the Stablecoin Act, introduced following the 2025 federal budget, would establish requirements for both domestic and foreign issuers. That policy backdrop is helping shape a more defined operating environment for crypto firms expanding in the country.
In our earlier report on Canadian business conditions, we noted that many firms still expected cost pressures to weigh on operations in Q3, even as those concerns eased from the prior quarter. The survey highlighted inflation as the most cited obstacle and pointed to ongoing risks from U.S. tariffs, while overall business optimism for the year ahead remained broadly steady.