Webull Corporation (NASDAQ:BULL) saw a significant 35.34% increase in share prices, reaching $16.89 from $12.48 the previous week, driven by positive investor sentiment over its cryptocurrency initiatives. The company plans to reintroduce cryptocurrency trading globally, starting with Brazil and later expanding to the US market by the end of the third quarter.

President and CEO Anthony Denier stated that Webull’s decision to bring back cryptocurrency trading was influenced by improving regulatory clarity in the US and internationally. The company aims to better serve customers and capitalize on the evolving financial services industry adopting blockchain technology. Webull looks forward to further expansion into new markets.

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Read more at Yahoo Finance: Webull (BULL) Skyrockets 35% W/W on Crypto Boom Ride