Charles Schwab, the brokerage giant managing roughly $12 trillion in client assets, has begun rolling out spot cryptocurrency trading for retail customers in the United States.
An initial group of clients can now trade bitcoin and ether on the Schwab Crypto platform. The company announced the launch Tuesday on X.
CEO Rick Wurster first signaled the move last July, with a first-half 2026 timeline confirmed in April. The Westlake, Texas-based firm already offered crypto exposure through ETFs and futures, but direct trading of the actual assets marks a significant expansion.
With about 35 million clients, Schwab's entry could accelerate mainstream crypto adoption by allowing investors to trade in a familiar environment rather than turning to standalone exchanges.