Schwab Crypto Expands with SOL, AVAX, and LINK Token Listings

Schwab Crypto has announced plans to add Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) tokens to its platform, joining Bitcoin (BTC) and Ethereum (ETH) already available since May.

The additions are not live yet but will be available in the coming months for clients to buy and sell directly in their Schwab Crypto accounts. The platform charges 75 basis points on the dollar value of each trade, which Schwab calls among the lowest in the industry.

Schwab's Head of Digital Assets, Joe Vietri, noted that the expansion gives clients more choices to build a digital asset allocation alongside the investing and banking experience they already use at Schwab. The platform lets clients view and trade crypto alongside traditional investments on Schwab.com, Schwab Mobile, and the thinkorswim platform.

Schwab said it plans to continue adding cryptocurrencies and digital assets over time as client demand grows. With trillions in client assets, Schwab manages millions of retail investors and financial advisors.