Charles Schwab adds Solana, Avalanche and Chainlink to its crypto arm

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The brokerage giant, based in Westlake, Texas, began deploying its counter in May 2026. The service then reached all of its eligible retail customers in October. Until now, Schwab Crypto only offered bitcoin and ether. With the addition of November 9, the account shows five digital assets, from BTC to LINK.

The company speaks of a “thoughtful” expansion, centered on cryptocurrencies established and demanded by its customers. Solana and Avalanche which are also two blockchains which host decentralized applications.

Until now, a Schwab client could not buy solana through their broker, whereas they can now gain exposure to it in the same place as their usual investments.

An approach taken by Joe Vietri, director of digital assets of the broker:

“We continue to expand Schwab Crypto to give our clients greater choice and flexibility […] alongside their broader investments. »

Joe Vietri, Director of Digital Assets at Charles Schwab

Schwab charges each order 75 basis points, or 0.75% of the amount traded, according to Investing.com (one basis point is one hundredth of a percent). In other words, a $1,000 order costs $7.50.

The purchase is made from the broker's website, its mobile applications or the thinkorswim platform. The desk is also accompanied by educational resources from the Schwab Center for Financial Research.

The service remains inaccessible to part of the American public, because it excludes New York, Louisiana, American territories and internationally.

Charles Schwab Premier Bank, the group's banking subsidiary, operates this window. The FDIC does not insure cryptocurrencies, and the SIPC does not protect them. Schwab does not intend to stop there. The broker plans to add other cryptocurrencies over time, without a timetable.

Meanwhile, Robinhood's crypto revenue declined in the third quarter.

Regardless, the giants of American finance are increasing their openings towards crypto. After the green light given to Circle for its crypto bank in July, Charles Schwab is in turn expanding its window. The next question will be the next guest token on the menu.

Machine-translated from French