Webull launches crypto trading in Canada using Coinbase infrastructure
Webull, a trading platform for stocks, ETFs, and options, has expanded its services in Canada to include cryptocurrency trading. The move adds Canada to its existing crypto markets in the United States, Australia, and Brazil.
The company announced on Monday that its Canadian crypto offering will use Coinbase’s Crypto-as-a-Service infrastructure, with Coinbase handling trading and custody. Webull’s Canadian website currently lists 10 cryptocurrencies, including Bitcoin (BTC), Ether (ETH), and Solana (SOL), with more assets available.
Growing adoption and regulatory progress
Webull pointed to rising crypto ownership in Canada as a key reason for the expansion. Research from the Ontario Securities Commission, cited by Webull, shows digital asset ownership in the country has grown to 25% in 2026, up from 10% in 2023.
The expansion comes as Canadian regulators work on clearer rules for the industry, including a proposed federal framework for stablecoins—a type of cryptocurrency designed to hold a steady value, often tied to a traditional currency like the U.S. dollar. The Stablecoin Act, introduced after the 2025 federal budget, would set requirements for issuers both inside and outside Canada.
What is confirmed
- Webull has launched crypto trading for Canadian users.
- The service uses Coinbase’s infrastructure for trading and custody.
- Webull’s Canadian site lists at least 10 cryptocurrencies, with more available.
- Canadian crypto ownership rose to 25% in 2026, according to Ontario Securities Commission research.
- Canada is developing a federal framework for stablecoins.
Why this matters for Canadian investors
The move gives Webull’s Canadian customers access to digital assets alongside traditional investments like stocks and ETFs. It also reflects growing interest in crypto in the country, supported by regulatory efforts to clarify industry rules.
