Charles Schwab (SCHW) Adds Solana, Avalanche, Chainlink to Crypto Offerings

Published on Β· Source: finance.yahoo.com

Charles Schwab (SCHW) Adds Solana, Avalanche, Chainlink to Crypto Offerings

AI Summary

Summarized by AI from the source below

Charles Schwab (NYSE: SCHW) will add Solana (CRYPTO: $SOL), Avalanche (CRYPTO: $AVAX), and Chainlink (CRYPTO: $LINK) to its Schwab Crypto platform in the coming months. This expansion follows client demand and aims to enhance digital asset trading options, joining existing offerings like Bitcoin (CRYPTO: $BTC) and Ethereum (CRYPTO: $ETH). Schwab charges 75 basis points on crypto trades and services approximately 39.9 million accounts holding $13.04 trillion in assets. The addition of these digital assets comes as Bitcoin and Ethereum see price increases of over 11% and 10% in the past week, respectively, suggesting heightened market activity.

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About Charles Schwab Corporation (SCHW)

Charles Schwab is one of the largest U.S. brokerages and wealth-management firms.

The Financials sector covers banks, insurers and capital-markets firms at the center of the economy.

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