TLDR
- Charles Schwab plans to add Solana, Avalanche and Chainlink to its Schwab Crypto platform in the coming months
- Schwab Crypto launched in May 2026, initially offering only Bitcoin and Ether trading
- The platform charges 0.75% per crypto transaction and is available in most US states
- Schwab holds over $13 trillion in client assets across nearly 40 million brokerage accounts
- Schwab is also planning to offer S&P 500 prediction contracts through a partnership with Cboe Global Markets
Charles Schwab announced plans to add three new cryptocurrencies to its trading platform. Solana, Avalanche and Chainlink will join Bitcoin and Ether on the Schwab Crypto platform in the coming months.
LATEST: ⚡ Charles Schwab plans to add Solana, Avalanche and Chainlink to its crypto platform in the coming months, expanding beyond Bitcoin and Ethereum. pic.twitter.com/3fvspo2Vo3
— CoinMarketCap (@CoinMarketCap) August 27, 2026
The firm launched Schwab Crypto in May 2026, giving retail clients direct access to Bitcoin and Ether trading. The platform is available through Schwab’s website, mobile app and thinkorswim platform.
Schwab described the additions as part of a plan to “thoughtfully expand” its digital asset offering with established cryptocurrencies that match client demand.
Joe Vietri, Head of Digital Assets at Charles Schwab, said the expansion gives clients more choices to build a digital asset allocation alongside the investing and banking experience they already use at Schwab.
Schwab Takes a Measured Approach to Crypto
Schwab has moved more cautiously than some rivals. Platforms like Coinbase and Robinhood offer access to a wider range of digital assets, but Schwab started with just two before expanding to five.
The firm did not provide a specific launch date for the new tokens. It also did not name any other assets it may add beyond the three announced.
Schwab charges 75 basis points, or 0.75%, on each crypto trade. The service is available in all US states except New York and Louisiana and is not offered in US territories or internationally.
Schwab Crypto accounts are held through Charles Schwab Premier Bank. The affiliated brokerage performs certain operational functions on the bank’s behalf.
As of July 31, 2026, Schwab held $13.04 trillion in client assets across 39.9 million active brokerage accounts.
The firm reported record second-quarter net revenue of $7.1 billion and net income of $2.8 billion.
Schwab Also Eyes Prediction Markets
The crypto expansion is part of a broader push into new trading products at Schwab.
In June, the Wall Street Journal reported that Schwab plans to offer prediction contracts tied to the S&P 500 index. The product is being developed through a partnership with Cboe Global Markets.
The contracts would let clients bet on whether the S&P 500 will close above or below a set level. Unlike platforms such as Kalshi and Polymarket, Schwab’s offering would initially be limited to index outcomes.
That product is expected to launch within months, though no official date has been confirmed.
Schwab’s move into crypto and prediction markets shows how traditional brokerages are competing more directly with crypto-native and fintech platforms for retail investor activity.
With nearly 40 million active accounts, Schwab’s retail reach could give the newly added crypto assets broader exposure among mainstream investors.
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