Despite the initial spike, Webull's stock has since dropped over 76%, currently trading at around $35 under the ticker “BULL.”
Webull has grown rapidly since gaining popularity in 2020, now reportedly operating in 15 regions with over 23 million users.
Webull entered the public markets this week, sending
its stock price soaring nearly 372% just a day after its Nasdaq debut. The stock-trading app's explosive rise follows its
merger with SK Growth Opportunities Corp., a special-purpose acquisition
company, pushing Webull’s valuation to almost $30 billion in record time.
Stock Price Drops Over 76%
However, the price has since declined from its peak.
According to TradingView data, BULL is changing hands for $35, a decline of 76%
from its peak. With its shares now listed under the ticker “BULL,”
Webull's market entry signals both investor appetite for digital brokerage
platforms and renewed interest in select SPAC deals, even as the broader SPAC
trend has cooled.
BULL price, Source: TradingView
Webull first gained traction in the U.S. in 2020 when
retail investors, many flush with stimulus checks, turned to the app for
commission-free trading. It now operates in 15 regions globally, claiming over
23 million registered users and more than 50 million app downloads.
The company offers trading in stocks, ETFs, options,
and cryptocurrencies, along with charting tools, watchlists, and a premium tier
that costs $40 annually. Founded by former Alibaba and Xiaomi executive Wang
Anquan, Webull now sits alongside Robinhood, Charles Schwab, and E-Trade in the
increasingly crowded retail trading space.
Questions Around Global Operations
Webull’s path to Nasdaq came through its combination
with SK Growth Opportunities Corp., whose shareholders approved the deal on
March 30. As part of the transaction, SK Growth became a wholly owned
subsidiary, and its securities were converted into Webull shares and warrants.
Trading under the symbols “BULL,” “BULLW,” and “BULLZ,” Webull marked its
market debut by ringing the opening bell at Nasdaq on April 11.
Despite the market enthusiasm, Webull faces scrutiny
over its international ties. In November, the U.S. House Select Committee on
the Chinese Communist Party contacted Denier regarding the company’s
potential links to China, CNBC reported.
Still, with a multibillion-dollar valuation and fresh
visibility, Webull appears well-positioned for the next chapter. As trading
apps continue to reshape how individual investors engage with markets, Webull's
meteoric rise could signal a broader shift in how fintech companies approach
public listings in a post-SPAC-boom world.
Webull entered the public markets this week, sending
its stock price soaring nearly 372% just a day after its Nasdaq debut. The stock-trading app's explosive rise follows its
merger with SK Growth Opportunities Corp., a special-purpose acquisition
company, pushing Webull’s valuation to almost $30 billion in record time.
Stock Price Drops Over 76%
However, the price has since declined from its peak.
According to TradingView data, BULL is changing hands for $35, a decline of 76%
from its peak. With its shares now listed under the ticker “BULL,”
Webull's market entry signals both investor appetite for digital brokerage
platforms and renewed interest in select SPAC deals, even as the broader SPAC
trend has cooled.
BULL price, Source: TradingView
Webull first gained traction in the U.S. in 2020 when
retail investors, many flush with stimulus checks, turned to the app for
commission-free trading. It now operates in 15 regions globally, claiming over
23 million registered users and more than 50 million app downloads.
The company offers trading in stocks, ETFs, options,
and cryptocurrencies, along with charting tools, watchlists, and a premium tier
that costs $40 annually. Founded by former Alibaba and Xiaomi executive Wang
Anquan, Webull now sits alongside Robinhood, Charles Schwab, and E-Trade in the
increasingly crowded retail trading space.
Questions Around Global Operations
Webull’s path to Nasdaq came through its combination
with SK Growth Opportunities Corp., whose shareholders approved the deal on
March 30. As part of the transaction, SK Growth became a wholly owned
subsidiary, and its securities were converted into Webull shares and warrants.
Trading under the symbols “BULL,” “BULLW,” and “BULLZ,” Webull marked its
market debut by ringing the opening bell at Nasdaq on April 11.
Despite the market enthusiasm, Webull faces scrutiny
over its international ties. In November, the U.S. House Select Committee on
the Chinese Communist Party contacted Denier regarding the company’s
potential links to China, CNBC reported.
Still, with a multibillion-dollar valuation and fresh
visibility, Webull appears well-positioned for the next chapter. As trading
apps continue to reshape how individual investors engage with markets, Webull's
meteoric rise could signal a broader shift in how fintech companies approach
public listings in a post-SPAC-boom world.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
