Webull Canada will soon allow investors to trade Bitcoin, Ethereum, XRP and other crypto assets after receiving approval from the Canadian Investment Regulatory Organization (CIRO), the retail brokerage announced Tuesday.
This new service aims to provide investors with secure and compliant access to digital assets as mainstream adoption continues to grow.
Michael Constantino, CEO of Webull Canada, said this approval is an important milestone and reinforces the company’s commitment to providing safe and reliable access to crypto investments.
“Many Canadians are seeking reliable access to digital assets, and we look forward to offering investors another way to diversify their portfolios and take more control over their finances through the Webull platform,” Constantino said.
The service expands the company’s suite of regulated investment products for Canadian investors, allowing them to manage funding, trading, reporting and portfolio oversight within a single ecosystem.
The service will be available 24/7 and will launch with a low and transparent pricing model, with beta access available to select clients before a broader rollout in the coming weeks.
The move comes months after Webull resumed crypto trading for U.S. customers after suspending its services in 2023 due to regulatory pressure. The brokerage currently offers trading in over 50 cryptocurrencies, including Bitcoin, Ethereum, and Solana. Brazil was the first market where Webull began its re-entry into cryptocurrencies.
