Webull (BULL) Stock News: Thailand Acquisition and Canadian Crypto Launch Explained

TLDR

• Webull Securities (Thailand) signed an agreement to acquire Pi Securities, a Thai investment firm with over 50 years in the market.
• The deal values Pi Securities at roughly US$100 million and was disclosed to the Stock Exchange of Thailand on June 29, 2026.
• Separately, Webull launched crypto trading in Canada on June 30, 2026, after receiving CIRO approval on June 17.
• The Canadian crypto platform supports Bitcoin, Ethereum, Solana, XRP, Cardano, and Litecoin with no commission fees.
• BULL stock was down 1.41% as the company pushed forward on two international expansion fronts at once.

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Webull Corporation (BULL) stock slipped 1.41% as the company announced moves on two continents in the same week. The trading platform’s Thai subsidiary signed a deal to acquire Pi Securities, while its Canadian arm rolled out crypto trading.

Webull Corporation Class A Ordinary Shares, BULL

Let’s start in Bangkok. Webull Securities (Thailand) agreed to buy Pi Securities Public Company Limited, a firm with more than 50 years of experience in Thailand’s capital markets.

The deal values Pi Securities at approximately US$100 million. Webull will purchase all shares held by Country Group Holdings, the controlling shareholder.

The agreement was disclosed to the Stock Exchange of Thailand on June 29, 2026. It still needs regulatory and shareholder approvals before it closes.

What Webull Gets From the Thailand Deal

Pi Securities brings a long-standing client base and deep knowledge of Thai capital markets to the table. Webull is betting that pairing this with its own digital trading technology will help it compete in Southeast Asia.

Webull Thailand CEO Chonladet Khemarattana said the company plans to keep both sets of clients and investment consultants through the transition. He added that combining Webull’s platform infrastructure with Pi Securities’ local expertise should support long-term growth.

Now to Canada, where Webull just expanded what it offers existing customers. The brokerage launched crypto trading on June 30, 2026, exactly two weeks after its dedicated crypto unit got the green light.

That approval came from the Canadian Investment Regulatory Organization (CIRO) on June 17. Webull Canada Crypto Limited is the entity handling the new service.

The Canadian Crypto Rollout

Six digital assets are available at launch: Bitcoin, Ethereum, Solana, XRP, Cardano, and Litecoin. Trading runs 24/7 with zero commission fees.

The crypto service plugs directly into existing Webull Canada accounts. That means current equity and options traders don’t need to open a separate account to start buying crypto.

Webull is starting with beta access for select clients before a wider launch in the coming weeks. CEO Michael Constantino said the service fills what he called a gap for regulated digital asset investing in Canada.

There’s one catch worth flagging. The crypto trading arm isn’t covered by the Canadian Investor Protection Fund, though cash balances elsewhere in the account may still qualify for that protection.

This crypto launch caps an active 2026 for Webull Canada. The company first entered the market with equities trading in January 2024.

More recently, Webull rolled out commission-free equity trading in April 2026. Then on June 16, just a day before its crypto approval, it added zero-commission trading and broader access to US equities.

Together, the Thailand acquisition and Canadian crypto launch show Webull pushing on multiple fronts at once. One deal targets a established Southeast Asian market, the other adds a new asset class for North American users.