Webull Slides on Thai Acquisition and Canadian Crypto Rollout

Webull Corporation (BULL) shares fell 1.41% last week despite the company's significant international growth initiatives. The decline comes as Webull finalized an acquisition agreement for Pi Securities in Thailand and launched cryptocurrency trading services in Canada.

The Thailand deal, valued at approximately US$100 million, assigns Pi Securities a new value following its disclosure to the Stock Exchange of Thailand on June 29, 2026. With more than five decades of market presence, Pi Securities brings an established customer network and extensive understanding of Thai financial markets to Webull.

Webull's Thai division plans to retain both client portfolios and investment advisors during the integration process, aiming to combine its technological platform with Pi Securities' regional market knowledge for sustainable expansion in Southeast Asia.