Schwab Expands Crypto Platform With Three New Tokens
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Schwab Expands Crypto Platform With Three New Tokens

7h ago

Charles Schwab has widened the lineup on its Schwab Crypto platform, adding Solana, Avalanche and Chainlink for buying and selling. The brokerage said the three tokens are now available to clients through the service, marking another step in its gradual buildout of digital-asset access.

The move gives Schwab customers exposure to assets beyond the most established cryptocurrencies. Solana and Avalanche are layer-one blockchain networks, while Chainlink is known for oracle infrastructure that connects smart contracts with outside data. Each has a distinct role in the broader crypto market, and their inclusion reflects demand for a wider set of tradable tokens.

Schwab has been extending crypto capabilities within its traditional brokerage framework, aiming to serve clients who want digital assets alongside conventional investments. The latest additions suggest the firm is broadening choice rather than limiting the platform to a small group of large-cap coins.

The announcement did not disclose additional details about the rollout. For investors, the change adds three more options on a platform operated by a major U.S. brokerage, while keeping crypto trading within a familiar account structure. Schwab's crypto offering will now be watched for further expansion.

Source: Finextra