Charles Schwab adda Solana, Avalanche and Chainlink to nascent crypto platform
Summary
Charles Schwab plans to expand its crypto trading platform to include Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) in the coming months, extending beyond its current direct Bitcoin and Ether offering. Schwab Crypto launched for retail clients in May through Schwab’s website, mobile app, and thinkorswim platform. The service charges 0.75% per trade and is available in all US states except New York and Louisiana, but not in US territories or internationally. Schwab is also moving into prediction markets, with plans to offer S&P 500-linked prediction contracts through a Cboe partnership. The firm manages $13.04 trillion in client assets across 39.9 million active brokerage accounts.
