Post-IPO Equity (Standby Equity Purchase Agreement) closed July 2025, led by Yorkville Advisors.[3][4]

post-money valuation is not publicly disclosed.

Named investors include General Atlantic, Coatue Management, Lightspeed Venture Partners, Hillhouse Investment, Yorkville Advisors, SK Growth Opportunities Corporation.[6][12]

Anquan Wang, Founder, Chairman and CEO[6][12]

Anthony Denier, Group President and U.S. CEO[1][6][9][10][11]

H.C. Wang, Chief Financial Officer[1][6][9][10][11]

Shen Lu, Chief Operating Officer, Webull Financial LLC[1][6][9][10][11]

Benjamin James, General Counsel[1][6][9][10][11]

Robinhood Markets · robinhood.com · Same buyer (retail self-directed investors), same workflow (mobile-first brokerage), same revenue model (payment for order flow), and same budget (retail trading wallet share).[6][12]

Interactive Brokers · interactivebrokers.com · Overlaps on multi-asset, multi-market brokerage for self-directed investors, though Interactive Brokers skews more professional.[6][12]

SoFi Technologies · sofi.com · Overlaps on retail investing workflow and competes for the same retail investor budget, though SoFi is a broader financial super-app.[4]

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