Webull (NASDAQ: BULL), an online investment platform, saw its shares trade on the Nasdaq today following the closing of a SPAC deal with SK Growth Opportunities. Anthony Denier, US CEO of Webull, rang the Opening Bell today at the commencement of trading.
Webull celebrated the listing on X:
Today’s bell ceremony marks an exciting chapter in our journey. We’re honored to celebrate this milestone with our global community! @Nasdaq #Webull #NasdaqListed https://t.co/VG6eUyf1m6
— Webull (@WebullGlobal) April 16, 2025
Webull currently reports over 23 million users, licensed under 12 different qualifications and a high retention rate for its users.
Launched in 2018, Webull explains its competitive advantage as offering retail investors in markets across the globe an “intuitive user experience and extensive functionality constructed to help customers build wealth over time.”
Denier said becoming a public corporation is a significant milestone:
“This next step in our company’s journey will position us to serve the growing number of experienced, digitally savvy retail investors who demand a more sophisticated retail trading partner that can grow with and serve them over decades. Webull’s advanced trading and investment offerings make us the partner of choice for the next generation of retail investors looking to capitalize on the dynamic world of trading and investment. I am grateful for our team’s dedication to our customers’ financial success and our mission to create a more accessible and empowering retail investing experience.”
Alongside the US, Webull operates in Asia Pacific, Europe and Latin America.
SK Growth was created in 2021 raising $200 million in an IPO as it sought a business combination with an ESG affiliated entity. Apparently, Webull emerged as a better option.
Shares of Webull initially jumped but have since retreated.