Wall Street Giant Charles Schwab Makes Major Crypto Move Beyond Bitcoin and Ethereum

Charles Schwab announced it is expanding its recently released crypto trading business by adding three major altcoins.

Just a few months after it launched its first notable cryptocurrency-focused platform, the Wall Street behemoth has expanded its offering beyond Bitcoin and Ethereum.

The giant recently announced that its Schwab Crypto trading service will add Solana (SOL), Chainlink (LINK), and Avalanche (AVAX) in the coming months.

Adding More Alts

The new additions will allow eligible company clients direct access to five cryptocurrencies after the product launched with only Bitcoin and Ethereum in May this year. What’s even more notable now is that Charles Schwab said these won’t necessarily be the last added altcoins, as it plans to introduce more digital assets over time.

“With this expansion, clients will have more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab. 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,” said the entity’s Head of Digital Assets, Joe Vietri.