Webull has officially announced it will resume cryptocurrency trading for U.S. customers from August 25, according to a recent report by Bloomberg. The relaunch marks a strategic return to digital assets after the platform had withdrawn its crypto services in mid-2023 while preparing for its public listing.
The original shut-off occurred when Webull separated its crypto arm, Webull Pay LLC, during its SPAC-driven transition. This was before becoming a publicly traded company in April 2025. The spin-off aimed to simplify regulatory compliance and reduce risk ahead of the IPO. The unit will now be reintegrated back into Webull’s primary platform.
The move has already stirred investor enthusiasm, with Webull’s stock jumping close to 8% immediately following the announcement.
Beyond the U.S., Webull has already charted out its plans for its expansion with a successful rollout in Brazil. Users there can now trade top digital currencies, including Bitcoin, Ethereum, Solana, and Cardano via the platform.
Regulatory clarity paves the way
With digital-asset legislation gaining traction after the passage of the GENIUS Act, Webull’s U.S. CEO, Anthony Denier, sees a more stable environment to safely resume offering crypto products. “Our return to crypto is not just about jumping on a trend, it is about responding to a clearer, more actionable path forward for digital assets in the U.S,” he emphasized.
Founded in 2016, Webull has emerged as a major digital brokerage by offering commission-free trading of stocks, ETFs, options, and, increasingly, crypto. It currently serves over 20 million users across multiple regions.