Webull Re-Enters Crypto Market with Launch in Brazil

Rhea-AI Summary

Webull Corporation (NASDAQ: BULL) has announced its re-entry into the cryptocurrency market, starting with Brazil. Through a partnership with Coinbase, Brazilian users can now trade popular cryptocurrencies like Bitcoin, Ethereum, Solana, and Cardano directly within the Webull platform.

The platform offers 24/7 real-time trading capabilities, with plans to expand to additional markets, including the U.S., in the coming months. This strategic move positions Webull to capitalize on Brazil's growing digital asset market while providing users with a secure and seamless trading experience.

Positive

• Strategic re-entry into cryptocurrency market through Brazil, Latin America's largest market
• Partnership with established crypto platform Coinbase enhances credibility and infrastructure
• Planned expansion to additional markets including the U.S. indicates growth potential
• 24/7 trading availability of major cryptocurrencies provides competitive advantage

Negative

• Limited initial geographic reach with Brazil-only launch
• Potential regulatory risks associated with cryptocurrency markets
• Competition from established crypto trading platforms

Expansion to Additional Regions Expected in the Coming Months

ST. PETERSBURG, Fla., June 26, 2025 /PRNewswire/ -- Webull Corporation (NASDAQ: BULL) ("Webull" or the "Company"), the owner of the Webull online investment platform, today announced its re-entry into the cryptocurrency market.

Brazil, the largest market in Latin America, is the first region where Webull will make crypto trading available to its platform users.  Additional market rollouts, including the U.S., are expected to take place over the coming months.

Through a partnership with Coinbase, Webull users in Brazil can now buy and sell digital currencies directly within the platform. The crypto experience includes real-time trading, available 24/7, and offers access to popular digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA).

"Webull's re-entry into crypto restores access to one of our clients' favored asset classes while reflecting broader market demand for digital asset trading solutions," said Anthony Denier, Group President and US CEO at Webull. "Brazil is a rapidly growing market for digital assets, and this launch marks an important step as we bring crypto markets back to our users there through a seamless, secure, and scalable solution. This expansion uniquely positions Webull to deliver a robust digital asset trading experience for our users."

Webull's expanded crypto offerings underscore its commitment to innovation and its mission to empower individual investors with educational tools and broad market access. By leveraging its global brokerage infrastructure, the Company is poised to offer a reliable and secure crypto trading experience in financial markets around the world.

About Webull Corporation

Webull Corporation (NASDAQ: BULL) owns and operates Webull, a leading digital investment platform built on next-generation global infrastructure. Through its global network of licensed brokerages, Webull offers investment services in 14 markets across North America, Asia Pacific, Europe, and Latin America. Webull serves more than 24 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures, fractional shares, and digital assets through Webull's trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at www.webullcorp.com. You may also access certain information on Webull and its securities on the website of the SEC at http://www.sec.gov, where Webull will, among others, be filing reports, such as Reports on Form 6-K and its Annual Report on Form 20-F. 

Cautionary Note Regarding Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release or other statements of the Company are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "anticipate," "expect," "suggests," "plan," "believe," "predict," "potential," "seek," "future," "propose," "continue," "intend," "estimates," "targets," "projects," "should," "could," "would," "may," "will," "forecast" or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such terminology.

All forward-looking statements are based upon current estimates and forecasts and reflect the reasonable views, assumptions, expectations, and opinions of the Company and its management as of the date of this press release, and are therefore subject to a number of factors, risks and uncertainties, some of which are not currently known to the Company and its management and could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to: (1) the ability of the Company to capitalize on the anticipated benefits of the business combination, to grow and manage growth profitably, maintain relationships and deepen engagement with users, customers and suppliers, and retain its management and key employees; (2) the reliance of key functions of the Company's business on third-parties and the risk that the Company's platform and systems rely on software and applications that are highly technical and may contain undetected errors that could result in unexpected network interruptions, failures, security breaches, or computer virus attacks; (3) the risks associated with the Company's global operations and continued global expansion, including, but not limited to, the risks related to complex or constantly evolving political or regulatory environments that may result in substantial costs or require adverse changes to the Company's business practices; (4) the Company's estimates of expenses and costs (including costs related to the business combination), of profitability or of other operational and financial metrics as well as the Company's expectations regarding demand for and market acceptance of its products and service; (5) the Company's reliance on trading related income, including payment for order flow ("PFOF"), and the risk of new regulation or bans on PFOF and similar practices; (6) the Company's exposure to fluctuations in interest rates, rapidly changing interest rate environments, volatile prices of securities and trading volumes; (7) the Company's reliance on a limited number of market makers and liquidity providers to generate a large portion of its revenues, and the negative impact of the loss of any of those market makers or liquidity providers; (8) the effects of competition in the Company's industry and the Company's need to constantly innovate and invest in new markets, products, technologies or services to retain, attract and deepen engagement with users; (9) changes in international trade policies and trade disputes that could result in tariffs, taxes or other protectionist measures adversely affecting our business; (10) risks related to general political, economic and business conditions globally and in jurisdictions where the Company operates; (11) risk of further actions taken by various government bodies in the United States that have made the Company the subject of inquiries and investigations relating to concerns about our connections to China; (12) the risk that the failure to protect customer data and privacy or to prevent security breaches relating to the Company's platform could result in economic loss, damage to its reputation, deter customers from using its products and services, and expose it to legal penalties and liability; (13) risks related to the Company's need as a regulated financial services company to develop and maintain effective compliance and risk management infrastructures as well as to maintain capital levels required by regulators and self-regulatory organizations; (14) the ability to meet, or continue to meet, stock exchange listing standards; (15) the possibility of adverse developments in pending or new litigation and regulatory investigations; (16) risks related to the Company's securities and its status as a foreign private issuer and the fact that the information the Company is required to file with or furnish to the SEC may be less extensive and less timely compared to that required to be filed with the SEC by U.S. domestic issuers; (17) the effectiveness of the Registration Statement for resales or exercises of our warrants throughout the 30-day Redemption Period (as defined in the Warrant Agreement) as well as the risks related to the offer and resale of our securities, such as dilution from the issuance of additional Class A Ordinary Shares upon the exercise of warrants, and increased volatility, or significant declines, in the price of our securities based on increased trading activity and the perception that sales of our securities may occur; and (18) other risks and uncertainties that are more fully described in filings made, or to be made, by the Company with the SEC, including in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company's filings with the SEC. The foregoing list of factors is not exhaustive. Reported results should not be considered an indication of future performance. There may be additional risks that the Company and its management presently do not know about or that the Company and its management currently believe are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In light of these factors, risks and uncertainties, the forward-looking events and circumstances discussed in this press release may not occur, and any estimates, assumptions, expectations, forecasts, views or opinions set forth in this press release should be regarded as preliminary and for illustrative purposes only and accordingly, undue reliance should not be placed upon the forward-looking statements. The Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Webull Investor Relations
ir@webullcorp.com

Webull Media Relations
5W Public Relations
Nicholas Koulermos
Webull@5wpr.com
(212) 999-5585

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SOURCE Webull Corporation

FAQ

When is Webull (NASDAQ: BULL) launching crypto trading in Brazil?

Webull is launching cryptocurrency trading in Brazil on June 26, 2025, marking its re-entry into the crypto market.

Which cryptocurrencies will be available on Webull's platform in Brazil?

Webull's platform in Brazil will offer trading in popular cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA).

Who is Webull partnering with for crypto trading services?

Webull is partnering with Coinbase to provide cryptocurrency trading services to its users in Brazil.

When will Webull expand crypto trading to the United States?

Webull plans to expand its cryptocurrency trading services to the U.S. and other markets over the coming months, though specific dates haven't been announced.

What features does Webull's crypto trading platform offer?

Webull's crypto platform offers real-time trading available 24/7, with a seamless, secure, and scalable solution integrated directly within the existing Webull platform.