Coinbase Global and Webull extended their partnership to introduce cryptocurrency trading and custody services in Canada. Webull will utilize Coinbase's 'Crypto-as-a-Service' platform. This platform provides infrastructure for institutional-grade trading and secure digital asset custody.

This collaboration addresses rising demand for crypto services in Canada. A recent survey indicated cryptocurrency ownership significantly increased in the country. Michael Constantino, CEO of Webull Canada, noted the partnership delivers reliable infrastructure to offer digital assets to clients. This expansion follows successful launches in the United States, Brazil, and Australia.