Charles Schwab Expands Cryptocurrency Platform, Adding Trading for Solana (SOL), Avalanche (AVAX), and Chainlink (LINK)
Diversification of Offerings by Financial Giant Charles Schwab
Charles Schwab, a major player with over $13 trillion in client assets (approximately ¥2,073 trillion), has decided to add three major altcoins—Solana (SOL), Avalanche (AVAX), and Chainlink (LINK)—to its existing spot trading service, "Schwab Crypto."
The company had just begun direct trading of Bitcoin (BTC) and Ethereum (ETH) in May 2026, but in response to growing market demand, it is set to expand its services within a few months.
Seamless Trading Environment and Robust Operational Framework
With approximately 39 million active accounts, Schwab will unify cryptocurrency trading through its existing website and flagship apps like thinkorswim.
Trading fees are set at 75 basis points (0.75%). The custody will be managed by Charles Schwab Premier Bank, while execution will be handled by Paxos, ensuring a reliable framework. However, this service is not covered by the FDIC (Federal Deposit Insurance Corporation) or SIPC (Securities Investor Protection Corporation) and will be available in the U.S. excluding certain regions like New York State and internationally.
Market Impact and Price Trends
The news of a traditional financial institution expanding its offerings has been well-received in the market, with SOL surging over 11% to reach around $107 (¥17,000), while LINK and AVAX also recorded strong gains. Amid rising expectations for other cryptocurrencies, the company plans to gradually increase its asset offerings while maintaining careful risk management.
Diversification Beyond Traditional Finance Products
Schwab is not only focusing on cryptocurrency trading but is also exploring entry into S&P 500-linked prediction markets and options trading in collaboration with Cboe (Chicago Board Options Exchange). While maintaining a cautious stance, it is working to integrate the latest digital financial ecosystem into its existing services.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Tom Lee Expects Bitcoin to Break $100,000, Institutions Bet on a Big Q4

Japan's 10-Year Government Bond Yield Hits 3% for the First Time

Latest Non-Farm Payroll Forecast: Job Growth May Slow, Fed Faces Complex Choices

$40 Trillion U.S. Debt Alarm Sounds, BlackRock Unexpectedly Bullish on Bitcoin and Gold

Crypto: The Clarity Act has only a 13% chance of being adopted

Digital Day: What Professions Are Lacking in the Crypto Market and Where to Acquire Them

Abliteration.ai Launches GLM-5.3 Refusal-Free Version

Rising Yield on Japan's 2-Year Bonds; Does Yen Carry Trade Threaten Bitcoin Again?

US Open Partners with Kalshi for Last-Minute Deal, Officially Introducing Prediction Market

Sui to Host 'Basecamp 2026' in Singapore, Highlighting Agentic Economy
![[ETH Letter] Ethereum's Upcoming Upgrade 'Hegota' Scope Confirmed](/public-static/33_70806c0ee0.png?format=avif)
[ETH Letter] Ethereum's Upcoming Upgrade 'Hegota' Scope Confirmed

Robinhood Chain's DEX Volume Reaches Record Approximately 140 Billion Yen in One Day

Meme Coin BONER Raises $70 Million in Just 3 Days, Top Address Gains $1.73 Million

The Market Doesn't Move with Information Alone: Considering Web3 in the Era of Prediction Markets and AI Agents|HashHub Research

Dollar in September: The City Projects How High It Could Rise After Recent Official Intervention

Cook Bids Farewell as Apple Enters the Ternus Era

Cryptocurrency Treasury Firms Buy Bitcoin and Ethereum Again: What’s Behind It?

Renewed Clashes After a Month of Silence: Why the US-Iran Conflict Resumed and How the Market Reacted?

30-Year U.S. Treasury Yield Days Above 5% Reach Highest Level Since 2006

Is it a good time to take out a UVA mortgage? What experts think and what to understand before doing it

a16z Growth Fund Expands to $8.5 Billion with Additional $1.1 Billion AI Hardware Fund

a16z Reveals: Why Argentinians Buy Crypto as a Way to Buy Dollars? After the Crisis, Stablecoins Have Become a National Habit

Debate on Fed's 2% Inflation Target Influences Interest Rate Path
Bitwise Solana ETF Surpasses $1 Billion in Assets Under Management

Polymarket Discusses $1 Billion Funding, Valuation of 29 Trillion Won Mentioned

AI data centers are learning the power trick Bitcoin miners mastered first

Crypto market moves ‘as one block’ despite broader rally: Cryptex co-founder

Bitcoin needs ETF demand to hold as Fed rate hike risk grows: analysts

Solana Crypto Partnership Achieves Record 169.9 Million Transactions











