Key Highlights
- Webull debuts private market investing, enabling accredited investors to gain exposure to late-stage startups through special purpose vehicles
- Collaboration with Monark Markets leverages Monark Capital Management’s framework for deal sourcing and SPV structuring
- Every SPV focuses on a single pre-IPO company and caps participation at 99 qualified investors
- User demand signals determine which companies Monark pursues, with interested investors flagging preferred opportunities
- The SPV feature will become available to all eligible accredited investors through Webull’s updated mobile application
Webull (BULL) is venturing into the private investment arena for the first time, unveiling a platform feature that allows qualified accredited investors to participate in late-stage private company rounds via special purpose vehicles integrated directly into its trading app.
Webull Corporation Class A Ordinary Shares, BULL
The brokerage firm has teamed up with Monark Markets, where Monark Capital Management LLC sponsors the SPVs. Monark’s established private equity infrastructure manages the identification and organization of investment opportunities.
BULL stock experienced a decline of approximately 3% during Tuesday’s trading session.
The platform operates on a demand-driven framework. Qualified accredited investors indicate their interest in particular private enterprises. Once sufficient demand accumulates, Monark identifies a corresponding investment opportunity and establishes an SPV. Each investment vehicle maintains a strict limit of 99 eligible participants.
Each SPV concentrates exclusively on a single company. Investors receive undiluted exposure to one late-stage business — there’s no portfolio diversification within individual vehicles. All subscription processes and capital commitments flow through Webull’s application interface.
Anthony Denier, Group President and U.S. CEO of Webull, noted that private markets have “become an increasingly important part of how companies create value,” though participation has traditionally been restricted to institutional investors and ultra-wealthy individuals.
“This launch reflects our continued effort to broaden access for eligible investors by connecting them with private market opportunities in a structured way, directly within the Webull platform,” Denier said.
Ben Haber, CEO of Monark Markets, characterized the collaboration as furthering the “convergence of private markets and traditional brokerage.”
Investor Requirements and Access
Accessing these SPV opportunities requires users to satisfy accredited investor criteria and fulfill Webull’s specific eligibility standards. Interest indications carry no obligation — expressing interest in a company doesn’t create any binding commitment.
Webull indicates that SPV access will be rolled out imminently to all qualified platform users. Investors must download the most recent app version from the App Store to utilize this capability.
Understanding the Risk Profile
Webull explicitly warns that these represent high-risk investment vehicles. Private securities carry speculative characteristics, and investors face the possibility of complete capital loss. The platform highlights illiquidity concerns, restricted reporting access, valuation ambiguity, concentration exposure, potential ownership dilution, and fee structures as primary risk factors.
No secondary market exists for these holdings, and transfer limitations are enforced. These investment products aren’t designed for typical retail participants — they’re intended for investors capable of absorbing total losses.
This initiative represents a significant strategic expansion for Webull beyond conventional public securities offerings. The move responds to increasing retail investor appetite for participation in high-growth private enterprises before public listings.
SPV access is becoming available to all qualifying Webull platform users in the immediate future.



