Today's

top partner

for CFD

Business

Crypto

Finance

Growth

Webull (Nasdaq: BULL), an online investment platform, has
announced a partnership with Visa to integrate Visa Direct into its US
operations. The integration applies to the Webull US platform.

Meanwhile, Webull
is expanding its offering to include binary event contracts through a
partnership with Kalshi, a CFTC-regulated prediction market exchange. The move
comes as regulators examine similar products offered by other firms, including
Robinhood.

Webull Adds Real-Time Transfer Option

“We are proud to work with Visa and its expansive
network to enhance opportunities within financial markets,” said Anthony
Denier, Group President and US CEO of Webull.

Visa Direct is a real-time payment service that supports the
transfer of money to eligible cards, bank accounts, and digital wallets. It is
now available to Webull users in the United States.

The feature enables faster transfers between Webull
brokerage accounts and external bank accounts. Webull said Visa Direct allows
near-instant movement of funds, while traditional methods like Automated
Clearing House (ACH) may take several days.

“There are several exciting uses for this new capability,
which will allow us to integrate technology into traditional financial services
in ways that better serve Webull’s customers,” Denier added.

As part of the rollout, Webull has introduced a “Deposit”
feature. The company said it offers quicker access to funds and may reduce
delays in starting trades. Webull and Visa did not disclose the terms of the
agreement.

You may find it interesting at FinanceMagnates.com: SEC
Fines Webull, Two Broker-Dealers for Compliance Failures.

Webull Partners with Coinbase for Crypto Futures

Webull
has partnered with Coinbase Derivatives to offer crypto futures to retail
investors in the United States. The offering includes futures contracts for
Bitcoin (BTI), nano Bitcoin (BIT), Ethereum (ETI), and nano Ether (ET), which
are expected to be available soon on the Webull platform.

The partnership introduces smaller-sized contracts that
require lower margin, making it easier for retail traders to access crypto
futures. Coinbase Derivatives will provide 23/6 trading access and real-time
market data as part of the service.

This article was written by Tareq Sikder at www.financemagnates.com.

—

— CONTENT NOT MODERATED BY G6

— Please be careful with this content. If you don’t think it should be here, please get in touch with us at [email protected]