CoinTelegraph
Charles Schwab, a $13T brokerage, plans to add trading in Solana, Avalanche and Chainlink to Schwab Crypto accounts in the coming months. The plan would give customers a new route to three crypto assets through a mainstream financial platform.
Why it matters
Charles Schwab is a major brokerage, so the move would extend digital-asset exposure deeper into mainstream financial infrastructure. Investors could access SOL, AVAX and LINK through an established brokerage relationship, broadening the route from traditional finance into crypto markets.
Market impact
The expansion creates a potential new demand channel for Solana, Avalanche and Chainlink and raises the competitive stakes for other financial platforms. Investors will watch rollout timing, account availability and whether broader access translates into sustained trading activity across the three assets.
Frequently asked questions
-
When is Schwab expected to add SOL, AVAX and LINK trading?
The additions are planned for the coming months.
-
How will the planned expansion reach investors?
The new trading options are planned for Schwab Crypto accounts, placing SOL, AVAX and LINK within an established brokerage relationship.
-
Why does Charles Schwab's scale matter for the three assets?
The brokerage's $13T scale makes the move a broader distribution event, extending digital-asset exposure deeper into mainstream financial infrastructure.
-
What market effect could broader Schwab access create?
The expansion creates a potential new demand channel for Solana, Avalanche and Chainlink and raises the competitive stakes for other financial platforms.
-
What should investors watch after the planned rollout?
They should watch rollout timing, account availability and whether broader access translates into sustained trading activity across SOL, AVAX and LINK.
Glassnode
CoinDesk
CryptoSlate
Benjamin Cowen
Lookonchain
TheBlock