Crypto Trading Accounted for About 1% of Webull's Record Q2 Revenue

WHY IT MATTERS

When you hear about crypto trading platforms, it is easy to assume that crypto is their main business. But many online brokerages — think of them as apps where people buy and sell investments — offer crypto alongside traditional assets like stocks and bonds. Webull's numbers show that crypto made up only about 1% of its record revenue, meaning the vast majority of its income came from other types of trading. This is a reminder that while crypto is becoming more available on mainstream platforms, it is still a relatively small piece of the overall financial services picture. For context, revenue is the total money a company earns before expenses — so this tells us how much of Webull's income came specifically from people trading cryptocurrencies on its platform.