Webull is expanding its crypto experience to Canada with Coinbase as its crypto infrastructure partner.

Built on Coinbase’s Crypto-as-a-Service platform, Webull Canada will leverage Coinbase’s institutional-grade custody and trading services. This expansion follows similar launches in the US, Brazil and Australia.

Coinbase and Webull Pay are building on a shared commitment to expanding access to crypto through compliant, reliable infrastructure and a user experience designed for the next generation of digital finance.

As Webull Pay’s partner for core crypto infrastructure, Coinbase will support a seamless experience designed to give customers in Canada access to secure, trusted, and scalable crypto functionality. By combining deep liquidity, secure infrastructure, and the technology trusted by many of the world’s leading institutions, Coinbase is helping Webull Pay deliver a stronger crypto experience for its users.

“Canadian investors expect access to a growing range of asset classes, and crypto has become an increasingly important part of that mix,” said Michael Constantino, CEO of Webull Canada. “Our partnership with Coinbase provides the infrastructure needed to deliver this offering with the scale and reliability our clients expect. As adoption continues to grow across the country, we remain focused on giving investors secure, regulated tools to build their portfolios on their own terms.”

Demand for crypto services in Canada is growing. A recent survey by the Ontario Securities Commission has found that ownership of crypto assets has increased to 25%, up from 10% in 2023.

Webull selected Coinbase to drive this change due to its comprehensive offering of assets, global coverage, flexibility and scale, its position as a trusted and compliant publicly traded company and its competitive pricing. Globally the partnership has allowed Webull to expand its crypto offering across multiple countries, driving higher notional trading volumes on their platform.