Schwab Expands Crypto Offerings to Include Solana, Avalanche, and Chainlink

Charles Schwab is expanding its crypto offerings to include Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) for clients in the coming months. The Wall Street giant's decision follows the introduction of Bitcoin and Ethereum trading earlier this year.

The $13 trillion asset manager plans to add only established digital assets that align with client demand, providing users with more choices to build a digital asset allocation alongside their investing and banking experience at Schwab.

According to Joe Vietri, Head of Digital Assets at Charles Schwab, 'With this expansion, clients will have more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab.'

The new additions come with trading fees priced at 75 basis points of the dollar value of each transaction, which Charles Schwab describes as among the lowest in the industry.