Webull Achieves a Record-High Cryptocurrency Revenue of $2.25 Million in the Second Quarter
2026-08-20 20:07:20
According to CoinMeta, Webull generated approximately $2.25 million in cryptocurrency revenue during the second quarter of 2026, which accounted for 1.1% of its total revenue. The company disclosed in its financial report conference call on August 19 that its total revenue for the second quarter was $198.8 million, a year-on-year increase of 51%. Webull's revenue related to trading increased by 66% to $147.7 million, with stock and options trading contributing about $112 million. Despite the growth in cryptocurrency trading revenue, it still has not become the main driver of Webull's income. Webull plans to gradually introduce access to cryptocurrency assets and has obtained authorization in the European Union; it is expected to launch its cryptocurrency business in the Netherlands by the end of 2026.
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Source:Cryptonews
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