Exhibit 8.1
Principal Subsidiaries of Webull Corporation
| Subsidiaries | Jurisdiction of Incorporation | |
| Webull Financial LLC | USA | |
| Webull Advisors, LLC | USA | |
| Webull Technologies Inc. | USA | |
| Webull Pay LLC | USA | |
| Webull Securities (Singapore) Pte. Ltd. | Singapore | |
| Webull Technologies Pte. Ltd. | Singapore | |
| Webull Securities (Japan) Co. Ltd. | Japan | |
| Webull Securities (UK) Ltd | UK | |
| Webull Securities (Australia) Pty. Ltd | Australia | |
| Webull Securities (Canada) Limited | Canada | |
| Webull Securities (Malaysia) Sdn. Bhd. | Malaysia | |
| PT Webull Sekuritas Indonesia | Indonesia | |
| Webull Securities (Thailand) Co. Ltd. | Thailand | |
| Webull Securities Limited | PRC (Hong Kong) | |
| Hunan Weibu Information Technology Co., Ltd. | PRC | |
| Webull Securities South Africa (Pty) Ltd | South Africa | |
| Webull Securities (Europe) B.V. | Netherlands |