Webull Canada Crypto, a subsidiary of Webull Corporation (NASDAQ: BULL), announced it will begin offering cryptocurrency trading following approval from the Canadian Investment Regulatory Organization (CIRO). The move expands the platform's investment options for Canadian self-directed investors.
Expanding into Digital Assets
As cryptocurrency matures as an asset class, investors increasingly seek trusted and compliant ways to access and store digital currencies. Webull Canada's expansion into digital assets provides investors an additional avenue to diversify their portfolios while benefiting from the security, transparency, and oversight expected from a regulated financial institution.
Michael Constantino, CEO of Webull Canada, stated: “Receiving approval for crypto trading is an important moment for Webull Canada and reflects our commitment to providing Canadian investors with access to digital assets through a safe and reliable platform. Many Canadians are looking for credible access to digital assets, and we look forward to offering investors another way to diversify their portfolios and take more control of their finances through the Webull platform.”
Seamless Integration and Transparent Pricing
The addition of cryptocurrency trading will further expand the investment opportunities available through Webull in Canada, creating a more streamlined investing experience. Investors will be able to manage funding, portfolio monitoring, reporting, and trading activities all within one ecosystem. Webull Canada will launch crypto with a low and transparent pricing structure designed to provide straightforward access to digital assets.
Beta access for select clients starts soon, ahead of a broader rollout in the coming weeks. The crypto trading experience on Webull Canada will offer seamless, 24/7 real-time trading of digital assets including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Cardano (ADA), Litecoin (LTC), and more.
Regulatory Framework and Platform Details
Crypto asset trading products and services will be offered by Webull Canada Crypto Limited, regulated by CIRO. Crypto assets are not protected by CIPF, though CIPF protection may be available for eligible cash held in a crypto trading account, subject to applicable limits and the CIPF Coverage Policy. Explanatory brochures are available upon request or at www.ciro.ca and www.cipf.ca.
Webull Canada is a leading online investment platform built on next-generation global infrastructure. Users can pursue their financial goals with $0 commission trading, advanced charting tools, cutting-edge technology, and real-time market data. Through Webull's online brokerage, self-directed investors can access low-cost trading across U.S. and Canadian stocks, ETFs, and options, as well as account types including Cash, Margin, TFSA, and RRSP. Webull Securities (Canada) Limited is regulated by CIRO and a member of CIPF.
