Webull Canada Adds Crypto
Webull Canada Secures CIRO Approval to Launch Cryptocurrency Trading for Investors
Webull Canada has received approval from the Canadian Investment Regulatory Organization (CIRO) to offer cryptocurrency trading to Canadian investors. The platform will launch 24/7 real-time trading for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Cardano (ADA), Litecoin (LTC), and more, according to Montreal Gazette.
The move makes Webull Canada one of the few investment dealers — not just a crypto-only platform — cleared to offer digital assets under Canada's strict regulatory framework. CEO Michael Constantino said many Canadians are looking for "credible access to digital assets" and want to "take more control of their finances."
CIRO Approval Unlocks a Higher Tier of Crypto Access
On June 17, 2026, Webull Canada Crypto Limited was formally admitted as a Dealer Member of CIRO, according to Vancouver Sun. This is a big deal. Most crypto platforms in Canada operate as "Restricted Dealers." Webull earned full "Investment Dealer" status — a higher bar that requires stricter capital, custody, and compliance standards.
To get there, Webull had to clear a major hurdle. CIRO normally requires $25 million in Financial Institution Bond (FIB) insurance — a standard that is hard to meet for crypto assets. CIRO granted Webull exemptive relief, letting it use specialized crypto-custody insurance through Coinbase Custody Trust Company instead, Calgary Herald reported.
Low Fees and One App for Stocks and Crypto
Webull Canada will charge zero commissions on crypto trades. Instead, it earns money through a 1% spread — a small gap between the buy and sell price on each order. That model is simpler and often cheaper than the flat fees charged by rivals like Wealthsimple and Bitbuy, according to Cold Lake Sun.
The bigger pitch is consolidation. Investors can now trade U.S. equities, ETFs, options, and crypto all in one place. Webull had already launched 24/5 overnight trading for U.S. stocks on June 16, 2026 — just one day before the CIRO crypto approval came through. The timing signals an aggressive push to build an all-in-one investing platform.
Ontario Regulator Lists Webull Alongside Wealthsimple
On June 19, 2026, the Ontario Securities Commission (OSC) updated its official registry of regulated crypto asset trading platforms. Webull Canada Crypto Limited now appears on that list alongside established players like Wealthsimple. The listing confirms the platform meets the OSC's strict "pre-registration undertaking" rules, which tightened sharply after the 2022 collapse of several offshore crypto exchanges.
Compliance experts say Webull's rare insurance carve-out from CIRO could serve as a blueprint for other global brokers trying to enter Canada. The regulators frame the approval not as an endorsement of crypto, but as proof that their "same risk, same regulatory outcome" framework is working — meaning Canadians who trade crypto should do so through a regulated member.
Parent Company Stock Climbs as Canada Crypto Rollout Nears
Webull Corporation trades on NASDAQ under the ticker BULL. Shares were sitting at roughly $6.70–$6.80 as of June 30, 2026, giving the company a market cap of about $3.63 billion USD. Analysts at Northland Securities hold a "Buy" rating on the stock. Some project a potential 50% jump in BULL shares as new revenue streams from Canada and other markets come online, according to Montreal Gazette.
A broader rollout of crypto features is projected for July 2026, following an initial beta access period for select clients. Not everyone is cheering, though. Some analysts warn that crypto remains speculative even on a regulated platform. CIRO has also recently flagged fraudulent "lookalike" platforms that target retail investors drawn in by news of legitimate launches like Webull's.
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