Schwab Broadens Crypto Platform with Support for Solana, Avalanche, and Chainlink
Charles Schwab is expanding its cryptocurrency platform beyond Bitcoin and Ethereum, adding support for Solana, Avalanche, and Chainlink exposure. This move is significant because Schwab is a major brokerage firm in the US, not a crypto-native exchange, and its product decisions can shape how traditional investors access digital assets.
The expansion suggests that regulated investor demand is moving beyond the two largest cryptocurrency assets. While Bitcoin and Ethereum remain core institutional products, Solana, Avalanche, and Chainlink are now being treated as liquid enough, recognizable enough, or strategically relevant enough to enter the next layer of brokerage crypto access.
Schwab's move also helps normalize cryptocurrency as a broader asset class. Adding more assets suggests the platform sees demand for exposure beyond BTC and ETH, which were the obvious starting points.