Webull expands crypto trading to Canada in partnership with Coinbase
Webull is expanding its digital asset services to Canada by launching cryptocurrency trading for retail clients on August 31, 2026. Partnering with Coinbase, Webull will utilize Coinbase's Crypto-as-a-Service infrastructure to deliver secure custody and deep liquidity. The expansion capitalizes on growing local demand, with Ontario Securities Commission research showing Canadian crypto ownership rose to 25% in 2026. The launch occurs as Canadian regulators draft stablecoin frameworks and international task forces target localized crypto fraud.
Webull Canada crypto launch
▪Webull's Canadian website displays 10 cryptocurrencies, including Bitcoin, Ether, and Solana, with additional assets also available.
▪The addition of cryptocurrency trading expands Webull Canada's existing asset classes, which include stocks, exchange-traded products, options, and fixed income.
▪Webull previously expanded its digital asset services to other international markets, including Australia, the United States, and Brazil.
▪Webull announced on August 31, 2026, that it is expanding its digital asset service offering to Canada by launching cryptocurrency trading for its Canadian retail clients.
Coinbase infrastructure partnership
▪Coinbase will provide deep liquidity and secure underlying trading and custody services for Webull's Canadian customers.
▪Webull previously partnered with Coinbase in 2025 to relaunch cryptocurrency trading in Brazil, following a 2024 launch of localized investment tools and U.S. equity trading.
▪Webull partnered with Coinbase to use Coinbase's Crypto-as-a-Service infrastructure to provide cryptocurrency custody and trading services in Canada.
Canadian crypto adoption growth
▪Canadian regulators are working to establish clearer rules for the industry, including a federal framework for stablecoins via the Stablecoin Act introduced after the 2025 federal budget.
▪Webull cited growing cryptocurrency adoption in Canada as a driver for its expansion, noting that digital asset ownership in Canada rose to 25% in 2026 from 10% in 2023, according to Ontario Securities Commission research.
Canadian crypto fraud concerns
▪The expansion of Webull's services occurs amid allegations that Canada is a major global hotspot for cryptocurrency fraud, with blockchain sleuth ZachXBT identifying Toronto as a global hotspot for fraud.
▪International authorities are establishing a task force to target and disrupt cryptocurrency-linked illicit operations in the United States, United Kingdom, and Canada.
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