Core Viewpoint - Webull Corporation is reintroducing crypto trading on its platform in the United States, following a successful launch in Brazil, as part of its strategy to consolidate Webull Pay LLC back into the Webull group [1][2]. Group 1: Company Developments - Webull Corporation will integrate Webull Pay LLC back into its operations, enhancing its ability to meet customer needs and advance its crypto trading offerings [1][2]. - The business combination will result in Webull Pay Inc. becoming a subsidiary of Webull Corporation, with approval from both the board and shareholders [2]. - The reintroduction of crypto trading is expected to occur in the third quarter of 2025, expanding Webull's services to its global customer base [1][3]. Group 2: Market Expansion - Crypto trading is currently available in Brazil, with plans for further market rollouts in the coming months, including the United States [1][3]. - The decision to reintroduce crypto trading is supported by improving clarity in cryptocurrency regulations both domestically and internationally [2]. Group 3: Company Overview - Webull Corporation operates a digital investment platform that serves over 24 million registered users globally, providing access to various investment services across 14 markets [4]. - The platform allows users to trade global stocks, ETFs, options, futures, fractional shares, and digital assets, integrating market data and educational resources [4].
Webull Corporation to Consolidate Crypto Entities
Prnewswireยท2025-07-17 13:00