Charles Schwab to Launch Crypto Trading in Early 2026
CEO Rick Wurster confirmed the firm’s upcoming crypto trading rollout, highlighting growing customer engagement with crypto-related ETPs and research tools.
Summary
Charles Schwab CEO Rick Wurster announced that the brokerage will introduce cryptocurrency trading services in the first half of 2026. Currently, customers hold about 20% of crypto-related exchange-traded products (ETPs), while access to the firm’s crypto research site has increased 90% year-over-year. The move marks Schwab’s formal entry into the digital asset trading market.
Terms & Concepts
- Crypto trading: The buying and selling of cryptocurrencies through a platform or brokerage.
- Exchange-Traded Product (ETP): A financial instrument traded on stock exchanges that tracks the value of an underlying asset, commodity, or currency, such as cryptocurrencies.