Charles Schwab to Offer Solana, Avalanche and Chainlink Trading

US brokerage giant Charles Schwab said on Thursday, August 27, that it plans to add Solana, Avalanche and Chainlink trading to its crypto platform in the coming months. The three tokens will join Bitcoin and Ethereum, which the company launched in the spring. Schwab has not named an exact launch date yet.

What Schwab Actually Announced

The brokerage said it is expanding its Schwab Crypto service with three new assets. According to the company, trading in Solana, Avalanche and Chainlink will become available in the coming months, though no specific timeline has been given. Until now, Schwab clients could buy only Bitcoin and Ethereum directly, and those two assets were the first the company brought to market in the spring. That earlier launch was low-key and largely without fanfare, so the current expansion looks like a logical continuation of a gradual plan rather than a sudden shift in strategy.

The move continues a strategy the company's leadership announced back in 2024, when Schwab said it intended to enter the crypto market once clearer US regulatory rules were in place. For years the brokerage stayed away from direct digital asset trading and offered clients only indirect exposure through funds and shares of public companies. In April 2026, the brokerage confirmed plans to launch Bitcoin and Ethereum trading, and by May it had begun a phased rollout to retail clients in small groups. Schwab serves millions of client accounts in the US, so even a slow, cautious entry into crypto could bring a large wave of new investors who had previously stayed on the sidelines.

Which Assets Are Being Added and Why

Solana is known for fast, cheap transactions and hosts a wide range of apps for trading, payments and gaming. Avalanche lets businesses and developers build custom blockchains for specific applications. Chainlink feeds smart contracts with outside data such as asset prices and remains one of the most widely used oracles in the industry, underpinning a large share of DeFi protocols. All three tokens rank among the most liquid assets on the market, so Schwab's picks look measured rather than experimental. The brokerage typically avoids niche or poorly understood projects and favors assets with a long track record and large market capitalization.

Joe Vietri, Schwab's head of digital assets, said in a company statement dated August 27, 2026: "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." He added that the new tokens still fit the company's approach of sticking to familiar, well understood assets rather than chasing the next trend. The 0.75% fee is noticeably higher than rates at most dedicated crypto exchanges, but for clients who already hold a portfolio at Schwab, the convenience of a single account often outweighs a difference of a few tenths of a percent.

How Trading Will Work for Clients

Clients will be able to buy and sell the new tokens through the company's website, mobile app and the thinkorswim trading platform. These are the same channels clients already use to trade Bitcoin and Ethereum, so the interface and buying process will not change for them. Before direct trading launched, Schwab clients could only get crypto exposure indirectly.

• through exchange-traded products tied to crypto asset prices
• through shares of public companies such as Strategy
• with no way to buy a coin directly into a personal wallet

The company is also weighing other digital asset products. Back in 2025, CEO Rick Wurster said Schwab was exploring the possibility of issuing its own dollar-pegged stablecoin, though no official announcement has followed. That points to a broader plan to gradually cover different segments of the crypto market rather than stop at one product. The company has also not disclosed whether it plans to support withdrawing coins to outside wallets, so trading will most likely stay inside a Schwab account for now.

What It Means for the Market

One of the largest US brokerages moving beyond the Bitcoin and Ethereum pair shows that traditional financial firms are ready to offer clients a wider set of crypto assets. For years, retail investors who wanted altcoins had to sign up on specialized crypto exchanges and manage separate wallets on their own. Now part of that audience will get access to Solana, Avalanche and Chainlink straight from a familiar brokerage account. For some that will feel minor, while for others it will be the first real chance to try buying crypto at all.

For the crypto market, every such step by a traditional player opens another channel for capital from cautious investors who previously avoided dedicated crypto exchanges. Other major players in the US financial sector have been moving in a similar direction lately, gradually giving clients direct access to digital assets instead of relying solely on exchange-traded funds. How fast demand for these tokens grows should become clear within a few months, once Schwab announces a firm launch date. Until then, the clearest signal will be how the already-launched Bitcoin and Ethereum trading performs among the first client groups.