Webull shares fell 1.41% after the brokerage disclosed a $100M Thai acquisition and a Canadian crypto launch. The Thailand deal targets Pi Securities' client base; the Canada launch adds six digital assets with zero commission.
Webull Corp currently carries an Alpha Score of n/a, giving AlphaScala's model a neutral read on the setup.
Webull Corporation (BULL) shares fell 1.41% after the brokerage disclosed two expansion moves in one week: a Thai acquisition valued at US$100 million and a Canadian crypto trading launch.
Webull Securities (Thailand) agreed to buy Pi Securities Public Company Limited, a firm with over 50 years in Thai markets. The deal, filed with the Stock Exchange of Thailand on June 29, 2026, requires regulatory and shareholder approval. Webull plans to buy the entire stake held by Country Group Holdings.
Pi Securities brings an established client base and local market knowledge. Webull Thailand CEO Chonladet Khemarattana said the firm will keep both client portfolios and investment advisors during the integration. He described the combination of Webull's digital platform with Pi's regional expertise as a path to sustainable growth in Southeast Asia.
In Canada, Webull launched cryptocurrency trading on June 30, 2026, two weeks after its crypto unit received regulatory clearance. The Canadian Investment Regulatory Organization (CIRO) approved the division on June 17. Webull Canada Crypto Limited manages the service.
Six digital assets are available from day one: Bitcoin, Ethereum, Solana, XRP, Cardano, and Litecoin. Trading runs 24/7 with no commission. The crypto functionality sits inside existing Webull Canada accounts, so equity and options traders can access crypto markets without opening separate accounts.
Webull started beta access for select customers ahead of a broader public rollout. CEO Michael Constantino said the offering addresses unmet demand for regulated digital asset investment options in Canada.
One limitation: the crypto trading division operates outside Canadian Investor Protection Fund coverage. Cash holdings in other account segments may still qualify.
The crypto launch follows a busy 2026 for Webull Canada. The firm entered the Canadian market with equity trading in January 2024. In April 2026, it added commission-free equity trading. On June 16, one day before the crypto approval, the platform introduced zero-commission trading with enhanced access to US equity markets.
The Thailand deal and Canada crypto launch together show Webull executing a two-front expansion: one into a mature Southeast Asian market, the other into a new asset class for North American clients. The stock dip suggests investors are pricing the near-term cost of both moves before the revenue shows up.
Prepared with AlphaScala research tooling and grounded in primary market data: live prices, fundamentals, SEC filings, hedge-fund holdings, and insider activity. Each story is checked against AlphaScala publishing rules before release. Educational coverage, not personalized advice.