Webull Corporation (NASDAQ: BULL) has reopened its cryptocurrency business by allowing users to trade digital assets directly on their main platform. The move marks the company’s return to the crypto market after returning to mid-2023.
In July 2023, Webull removed crypto transactions from its core platform and transferred those services to another app called Webull Pay. At the time, the company had no dedicated code presence in Brazil.
Anthony Denier, president of Webull’s group
Considered the largest market in Latin America, Brazil is the first country to receive updated services. Webull said he plans to expand its offering to other regions, including the US, in the coming months.
“Brazil is a rapidly growing market for digital assets, and this launch is a key step as we bring the crypto market back to users,” said Anthony Denier, Group President and US CEO of Webull.
FinanceMagnates.com: Webull UK traders can now trade US stocks using TradingView.
$Bull Webull will re-enter the crypto market with launch in Brazil https://t.co/0fxn69ogwa
-June 26, 2025, Antonio Costa (@acinvestorblog)
Webull and Coinbase Partners in Brazil
The Brazilian launch is supported by a partnership with Coinbase. Domestic Webull users now have real-time access to 24/7 trading of digital currencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA) through the Webull platform.
Separately, Webull Pay has signed an agreement with Coinbase to use crypto-as-a-service (CAAS) infrastructure. This backend integration covers transaction execution, management, staking, and access to Stablecoin USDC. Updates are scheduled to start next month. Users may earn rewards to retain USDC, but these rewards are not insured and may change over time.
