Webull (BULL) Jumps 11.86% on Crypto Platform Initiatives

We recently published Wall Street Shockers: 10 Stocks on Sky High. Webull Corporation (NASDAQ:BULL) is one of the top-performing companies on Thursday.

Webull extended its rally for a second day on Thursday, jumping 11.86 percent to finish at $14.43 apiece as investors cheered plans to reintegrate cryptocurrency trading into its group platform.

In a statement, Webull Corporation (NASDAQ:BULL) said the move would support its plans to reintroduce cryptocurrency trading to its global customer base following its launch in Brazil last month.

Additional markets are also expected to take place, including making cryptocurrency trading available to its US customers through the Webull app by the end of the third quarter.

“The improving clarity of cryptocurrency regulations, both in the United States and internationally, underlies our decision to bring crypto trading back to our platform,” Webull Corporation (NASDAQ:BULL) President and CEO Anthony Denier said.

Webull (BULL) Jumps 11.86% on Crypto Platform Initiatives

A technical analyst using a cloud-based analytics dashboard for financial services.

“With this consolidation, the company will be better positioned to meet the needs of our customers. We are excited about the evolution of the financial services industry as it begins to adopt blockchain technology, and we’ve already seen great success with our rollout in Brazil. We look forward to tapping additional markets this year,” he added.

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Disclosure: None. This article is originally published at Insider Monkey.