Webull to Resume U.S. Crypto Trading After Restructure

Webull Corporation has announced a strategic consolidation of its cryptocurrency business that will see Webull Pay LLC reintegrated into the parent organization, with plans to resume crypto trading in the United States later this year.

The company disclosed that Webull Pay Inc., the parent entity of Webull Pay LLC, will now become a direct subsidiary of Webull Corporation (NASDAQ: BULL), a change approved by both the board and shareholders. The move comes shortly after Webull launched crypto services in Brazil and reflects a broader initiative to grow its digital asset footprint globally.

Anthony Denier, Group President and U.S. CEO of Webull, pointed to a shifting regulatory environment as a key motivator for the relaunch. "The improving clarity of cryptocurrency regulations, both in the United States and internationally, underlies our decision to bring crypto trading back to our platform," Denier said.

The company expects the revamped structure to support more agile expansion and enhanced service offerings in the evolving digital finance space.