Schwab Crypto Expands with Solana, Avalanche, and Chainlink Additions

Charles Schwab's Crypto platform has announced plans to add three new tokens to its lineup: Solana (SOL), Avalanche (AVAX), and Chainlink (LINK). The additions will double the number of tokens available on the platform, which currently offers direct access to Bitcoin (BTC) and Ethereum (ETH) trading. According to a press release from Schwab, the new tokens are expected to roll out in the coming months.

The expansion is part of Schwab's goal of providing clients with more choices for building a digital asset allocation alongside their existing investments. Joe Vietri, Head of Digital Assets at Schwab, stated that the addition of these tokens is consistent with the company's approach of offering familiar cryptocurrencies backed by education and support.

Schwab Crypto pairs direct trading with resources aimed at helping clients understand digital assets rather than just buying them. This includes education and commentary from the Schwab Center for Financial Research, as well as crypto-focused content through Schwab Coaching.