Webull Corporation (NASDAQ:BULL), the owner of the Webull online investment platform, today announced that it will integrate Webull Pay LLC back into the Webull group.

This step advances Webull’s plan to reintroduce crypto trading to its global customer base following its launch in Brazil last month. Additional market rollouts are expected to take place later this year, including plans to make crypto trading available in the United States through the Webull app during the third quarter.

“The improving clarity of cryptocurrency regulations, both in the United States and internationally, underlies our decision to bring crypto trading back to our platform,” said Anthony Denier, Group President and U.S. CEO of Webull. “With this consolidation, the Company will be better positioned to meet the needs of our customers. We are excited about the evolution of the financial services industry as it begins to adopt blockchain technology, and we’ve already seen great success with our rollout in Brazil. We look forward to tapping additional markets this year.”

The arrangement is structured as a business combination that will result in the parent company of Webull Pay LLC, Webull Pay Inc., becoming a subsidiary of Webull Corporation. The business combination has been approved by a special committee of Webull Corporation’s board and the shareholders of Webull Pay Inc. Closing is subject to customary closing conditions, including regulatory approvals.