Charles Schwab Adds Solana, Avalanche, and Chainlink Trading to Schwab Crypto

Charles Schwab expanded its spot digital asset platform on Nov. 9, 2026, enabling eligible retail clients to trade $SOL, $AVAX, and $LINK alongside existing markets for $BTC and $ETH ¹. The move brings the brokerage's direct cryptocurrency lineup to five tokens following the platform's initial phased rollout in May 2026 and broad retail opening in October 2026 ¹.

Trading runs through Schwab Crypto accounts offered by Charles Schwab Premier Bank, SSB, with execution and sub-custody provided by Paxos Trust Company, LLC ². The service charges a fee of 75 basis points on the dollar value of each trade and integrates with Schwab.com, Schwab Mobile, and thinkorswim ¹, ². Accounts are available across most US states, excluding New York and Louisiana, as well as US territories and foreign jurisdictions ¹.

Institutional Custody and Infrastructure

The expansion reflects traditional wealth platforms deepening spot crypto integrations rather than limiting exposure to exchange-traded products. Schwab noted its clients already hold approximately 20% of spot crypto exchange-traded products ². The inclusion of layer-1 assets and oracle infrastructure tokens comes as institutions explore native execution, similar to real-world asset pipelines highlighted by institutional issuers like Securitize on Solana.

Schwab said it plans to introduce additional digital assets over time, alongside future deposit and withdrawal transfer capabilities that will let clients transfer existing cryptocurrency holdings directly to the firm ¹, ². At the time of writing, $SOL traded at $86.91, down 2.4% over 24 hours, while $AVAX gained 7.1% to $8.74 and $LINK traded at $10.67.