Charles Schwab is adding three major altcoins to its digital asset platform as it expands Schwab Crypto beyond Bitcoin and Ethereum, according to a Thursday announcement.
Clients will soon be able to buy and sell Solana, Avalanche, and Chainlink, with the new assets expected to become available in the coming months.
“Clients will have more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab,” Joe Vietri, Head of Digital Assets at Charles Schwab, stated. “These additions are consistent with our approach to provide clients with access to familiar cryptocurrencies backed by an ecosystem of education, tools, resources, and support to make informed decisions about how crypto might fit into their broader investing goals.”
The move comes just months after Schwab began rolling out direct crypto trading. Schwab Crypto charges 75 basis points per trade and allows clients to manage crypto alongside traditional investments through its existing platforms.
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