Schwab Expands Crypto Platform with Solana, Avalanche, Chainlink

Charles Schwab announced it will expand its crypto trading platform to include Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) in the coming months. This move extends its digital asset offerings beyond Bitcoin and Ethereum, allowing clients to buy and sell these tokens directly through their accounts.

The expansion reflects Schwab's strategy to meet client demand for established cryptocurrencies and is part of its broader push into digital assets, including partnerships and potential new offerings.

The announcement boosted the prices of the three tokens, signaling positive market reception. The move also increases the number of tokens available on Schwab's platform from two to five.