Webull Launches Private-Market SPVs for Up to 99 Accredited Investors per Deal

3 articles · Updated · PR Newswire · Jun 23

Webull said eligible accredited users will soon be able to invest in late-stage private companies through SPVs on its app, marking the platform's entry into private markets.
Monark Markets will provide the infrastructure and sourcing model: users register non-binding interest in target companies, and Monark forms a single-company SPV once demand is sufficient.
Each offering is limited to no more than 99 eligible investors, with subscription and funding handled inside Webull's platform.
The move extends Webull's push beyond public securities for its 27 million registered users across 16 markets, while keeping access restricted under securities-law eligibility rules.
Webull and Monark said the product aims to open a market long dominated by institutions and wealthy individuals, though the company stressed private securities are illiquid, speculative and can result in total loss.