Charles Schwab to Add Solana, Avalanche and Chainlink to Crypto Platform
Charles Schwab will add SOL, AVAX and LINK to Schwab Crypto in the coming months, expanding beyond bitcoin and ether for nearly 40 million accounts.
- Charles Schwab plans to add Solana, Avalanche and Chainlink to Schwab Crypto in the coming months.
- The platform launched in May 2026 with bitcoin and ether and charges 75 basis points per trade.
- Schwab reported $13.04 trillion in client assets and 39.9 million brokerage accounts as of July 31, 2026.
- The service is unavailable in New York, Louisiana, U.S. territories and international jurisdictions, and Schwab may delay or withdraw support.
Charles Schwab said Thursday it will expand Schwab Crypto beyond bitcoin and ether by adding Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) for clients to buy and sell in the coming months, according to a company announcement.
The brokerage framed the listings as a client-demand move toward established tokens rather than a broad altcoin rollout. Schwab Crypto began reaching retail clients in May 2026 with direct bitcoin and ether trading through Schwab.com, the Schwab mobile app and thinkorswim, as noted in the same release.
In a post on X, the firm said clients will soon be able to trade the three tokens in Schwab Crypto accounts and pointed users to a waitlist for updates and early access. No exact listing date was given.
The distribution channel is large relative to most crypto venues. Schwab reported $13.04 trillion in total client assets and 39.9 million active brokerage accounts as of July 31, 2026, in its latest monthly activity highlights. Crypto accounts sit at Charles Schwab Premier Bank and are linked to a brokerage relationship; not every client will qualify.
Pricing is 75 basis points, or 0.75%, of each trade’s dollar value, which Schwab called among the lowest in the industry in the press release. That fee is still higher than many dedicated exchanges. The offering is available in all U.S. states except New York and Louisiana and is not offered in U.S. territories or internationally.
Joe Vietri, head of digital assets at Charles Schwab, said in the statement that the expansion gives clients “more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab,” and that the tokens would be backed by education, tools and support.
Schwab also said it plans to add more digital assets over time, while warning it may delay, modify or withdraw support for any announced asset based on market, regulatory, operational or risk developments. Cryptocurrencies held in the accounts are not FDIC-insured or SIPC-protected and can lose value, the firm said.
For traders, the listings widen regulated retail access to SOL, AVAX and LINK without moving assets off a traditional brokerage stack. The trade-off is a narrow token menu, a 75-basis-point ticket, geographic limits and no confirmed go-live date.
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