tl;dr
Coinbase is partnering with the US-based crypto trading app Webull to power its digital asset services using Coinbase’s Crypto-as-a-Service (CAAS) platform. Coinbase will provide Webull Pay with trading, custody, staking, and USDC services, offering tight spreads, deep liquidity, secure infrastructu...
Coinbase has announced a strategic partnership with the US-based crypto trading app Webull, leveraging Coinbase’s Crypto-as-a-Service (CAAS) platform to power Webull’s digital asset services. This collaboration aims to enhance security, liquidity, and expand product offerings, with a joint launch planned for June 2025.
Through this partnership, Coinbase will provide Webull Pay with access to trading, custody, staking, and USDC services. Users can expect tight spreads, deep liquidity, secure infrastructure, and a broad range of crypto products that offer potential income opportunities. These capabilities are built on technology trusted by major financial institutions and asset managers around the world.
The CAAS platform enables Webull to integrate crypto financial features without needing to build from scratch, making it easier to enhance security, compliance, and user experience. Steven Yip, Webull’s CEO, expressed excitement about the collaboration, highlighting that it will unlock powerful new features, expand product offerings, and increase the range of coins available to trade.
By combining Coinbase’s robust infrastructure with Webull’s growing platform, the partnership is set to accelerate innovation and provide customers with greater access, flexibility, and opportunity in the evolving cryptocurrency market. Both services are expected to become available in June 2025.