Charles Schwab Plans to Add Solana, Avalanche, and Chainlink Trading in the Coming Months
Odaily News Financial services company Charles Schwab has announced plans to add Solana, Avalanche, and Chainlink to its cryptocurrency trading platform in the coming months, though a specific launch date has not yet been announced. The platform began offering direct Bitcoin and Ethereum trading to select eligible retail clients in May 2026.
Clients can buy and sell these cryptocurrencies through the company's website, mobile app, and the thinkorswim trading platform, with a fee of 0.75% per transaction, equivalent to $7.50 for a $1,000 trade. Previously, clients primarily gained exposure to cryptocurrencies through exchange-traded products and shares of companies such as Coinbase and Strategy.
Joe Vietri, Head of Digital Assets at Charles Schwab, stated that this expansion will increase options for clients to allocate digital assets. CEO Rick Wurster indicated in 2025 that the company is exploring the launch of a U.S. dollar-pegged stablecoin, though no related product has been announced to date. (Decrypt)
