Webull (BULL) Soars 16% on as Stronger Crypto Adoption Bolsters Business

We recently published 10 Stocks with Surprising Gains. Webull Corporation (NASDAQ:BULL) is one of Tuesday’s top performers.

Webull jumped by 16.07 percent on Tuesday to end at $16.97 apiece as the rally in Bitcoin prices bolstered support to its reintegration of cryptocurrency trading.

As of this writing, prices of Bitcoin were up by 2.17 percent at nearly $120,000 apiece as investors grew more confident about the industry, with more financial institutions beginning to slowly adopt and offer cryptocurrency-related products.

In recent news, Webull Corporation (NASDAQ:BULL) announced the reintegration of cryptocurrency trading into its group platform as it eyes reintroducing crypto 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 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,” said Webull Corporation (NASDAQ:BULL) President and CEO Anthony Denier.

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