Schwab Takes Aim at Crypto Exchanges With SOL, AVAX and LINK

• Schwab will add Solana, Avalanche, and Chainlink to its crypto trading platform.
• The expansion comes just months after Schwab Crypto’s May 2026 launch.
• Trading costs sit at 75 basis points, among the lowest industry-wide.

Charles Schwab is expanding its crypto offering beyond Bitcoin and Ethereum, bringing Solana, Avalanche and Chainlink to a platform used by millions of investors.

The move, announced August 27, marks another step into crypto for one of the biggest U.S. brokerages. Schwab launched direct crypto trading in May with Bitcoin and Ethereum and now plans to give clients direct access to three major altcoins alongside traditional investments in the coming months.

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The expansion also puts Schwab in more direct competition with crypto-native exchanges, potentially making it easier for existing brokerage customers to gain exposure to digital assets without opening a separate crypto account.

Why is Charles Schwab adding SOL, AVAX and LINK?

Charles Schwab says the three assets were selected as part of an effort to expand its digital asset offering with established cryptocurrencies that align with client demand. The company did not provide a detailed explanation for why SOL, AVAX, and LINK were selected specifically.