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Charles Schwab’s CEO confirms strategic move to launch spot crypto trading, signaling major expansion into digital asset markets.
At the Reuters Next conference in New York on December 3, 2025, Charles Schwab CEO Rick Wurster revealed that the brokerage firm plans to introduce spot crypto trading in the first half of 2026. The company will initially test the new trading products with employees and a small client group before a broader rollout. This move comes as part of Schwab’s strategic approach to exploring new investment capabilities that could add value to its extensive client base.
The announcement follows the firm’s recent $660 million acquisition of Forge Global and reflects growing investor interest in digital assets. Wurster emphasized the company’s openness to potential crypto-related acquisitions during the interview, stating, “If the right opportunity presented itself at the right price, we would certainly consider that.”
Read More: Charles Schwab CEO’s Crypto Countdown: ‘12 Months’ Until Takeoff
🧭 FAQs
• When will Schwab start crypto trading? First half of 2026, with initial employee and limited client testing.
• Who can access the initial crypto trading? Employees and a small selected group of clients first.
• Is Schwab actively looking at crypto acquisitions? Yes, at the right opportunity and price.
• Will this be available to all Schwab investors? Full rollout planned after initial testing phase.