Solana, avalanche and chainlink are now tradable in Schwab Crypto accounts, joining bitcoin and ether, the company said on Monday. Avalanche is the network that, as CryptoWatchDesk reported on Monday, an NYSE-affiliated tokenized stock platform picked as its settlement ledger.
The token list matters less than the wrapper. Schwab Crypto is offered by Charles Schwab Premier Bank, SSB, a bank subsidiary, not by the broker-dealer that holds clients’ stocks.
The release states that the coins are not deposits, are not FDIC-insured and are not covered by SIPC. Clients see crypto next to their shares on Schwab.com, Schwab Mobile and thinkorswim, but the legal home is different.
The pace is deliberate. Schwab opened early access in May 2026 and widened it to every eligible retail client in October. Monday’s additions take the menu to five tokens, each traded against the dollar at 75 basis points of the trade’s value.
“We continue to expand Schwab Crypto to give clients greater choice and flexibility in how they invest in digital assets alongside their broader investments,” Joe Vietri, Schwab’s head of digital assets, said in the release.
The accounts are open in every US state except New York and Louisiana, and not in US territories or abroad. For background on who actually holds the coins in arrangements like this, see what a crypto custodian does; for a listed rival’s recent crypto numbers, Robinhood’s crypto revenue fell 55% in the third quarter.
At 20:48 UTC on Monday, Kraken quoted SOL at $86.61, AVAX at $8.64 and LINK at $10.66. Schwab says it plans to add more cryptocurrencies and digital assets over time.
This article is for information only and is not investment advice.