Webull Announces $1 Billion Standby Equity Agreement
1. Webull signs a $1 billion equity purchase agreement with Yorkville Advisors. 2. The agreement allows Webull to raise capital during favorable market conditions. 3. Webull plans to use new funds for growth in products and geographic expansion. 4. Company sees potential in next-gen technologies like stable coins and asset tokenization. 5. Webull has over 24 million global users and operates in 14 markets.