Charles Schwab to Add Solana, Avalanche and Chainlink to Schwab Crypto

Charles Schwab plans to broaden its retail crypto lineup in the coming months, adding Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) to its Schwab Crypto platform. The expansion extends Schwab's direct crypto trading beyond Bitcoin (BTC) and Ether (ETH), which were the first two assets available when the service began rolling out to retail clients in May. Schwab Crypto lets customers trade BTC and ETH through Schwab's website, mobile app and thinkorswim platform. The firm has said it will add more digital assets over time, but has not shared a detailed schedule or criteria for future listings beyond naming SOL, AVAX and LINK. Key details - New tokens: SOL, AVAX and LINK will be added, expanding the offering beyond BTC and ETH. - Rollout: Retail availability began in May across Schwab's existing platforms. - Pricing: Schwab charges 0.75% (75 basis points) on the dollar value of each crypto trade. - Availability: The service is offered in all U.S. states except New York and Louisiana, and is not available in U.S. territories or internationally. The added tokens widen the range of assets clients can trade inside a traditional brokerage interface instead of using standalone crypto exchanges. For portfolio builders, SOL and AVAX also introduce exposure tied more directly to smart-contract and decentralized application ecosystems, which can behave differently from BTC and ETH. How the service is structured Schwab Crypto is offered through Schwab's banking and brokerage setup. Accounts are provided through Charles Schwab Premier Bank, while Charles Schwab & Co. handles certain operational functions on the bank's behalf. Geographic restrictions remain a key constraint: even as new tokens are listed, access is limited to eligible U.S. states under Schwab's current compliance footprint. Broader product expansion underway The crypto additions come alongside Schwab's push into other trading products. In June, The Wall Street Journal reported that Schwab plans to introduce prediction-style contracts tied to the S&P 500 in partnership with Cboe Global Markets. The contracts would allow clients to take positions on whether the index will finish above or below a specified level, with launch expected within months. The report indicated the initial offering would focus on index outcomes rather than a wider range of events. What to watch Schwab has not given a firm date for when SOL, AVAX and LINK trading will go live. Investors will need to watch for platform updates and client notifications. The larger open questions are whether Schwab will extend listings beyond these three tokens and how its expanding menu—from multi-asset crypto trading to prediction-style contracts—could reshape retail participation in the U.S.