Charles Schwab will add Solana, Avalanche, and Chainlink

Charles Schwab plans to add Solana, Avalanche, and Chainlink to Schwab Crypto, Unchained reported. It's the first expansion of the platform's token list since it launched with bitcoin and ether alone.

Schwab said the three assets will be available for clients to buy and sell in the coming months, without giving a firmer date. Schwab Crypto runs through Charles Schwab Premier Bank, SSB, and charges 75 basis points on the dollar value of each trade, a rate Schwab calls competitive even though crypto-native exchanges generally charge less. Accounts aren't available in New York, Louisiana, or US territories.

Distribution is what makes this listing matter more than the tokens themselves. Schwab held $13.04 trillion in client assets and 39.9 million active brokerage accounts at the end of July, shelf space that reaches retirement and advisory money that has never touched Coinbase or Kraken. For SOL, AVAX, and LINK, that's a shift in who's able to buy, not a short-term trading catalyst: Schwab hasn't set a launch date, and nothing trades differently today.

• New assets: Solana (SOL), Avalanche (AVAX), Chainlink (LINK)
• Fee: 75 basis points on the dollar value of each trade
• Scale: $13.04 trillion in client assets, 39.9 million active brokerage accounts (end of July)
• Prior rollouts: spot BTC/ETH trading, 24/7 crypto futures on BTC/ETH/SOL/XRP via thinkorswim, S&P 500 event contracts in progress with Cboe
• Not available: New York, Louisiana, US territories

The move fits a pattern Schwab has been building for months. It began rolling out spot bitcoin and ether trading earlier this year, added 24/7 crypto futures on bitcoin, ether, Solana, and XRP through thinkorswim in June, and is now preparing S&P 500 event contracts with Cboe. The company says it plans to keep adding cryptocurrencies over time, while its disclosures still describe digital currencies as purely speculative instruments, not deposits, not FDIC insured, and not protected by SIPC.

The tokens Schwab is adding aren't unfamiliar to institutional money. Solana has been drawing fresh attention on performance grounds this month, and altcoin ETFs tracking XRP and Solana have each already crossed $1 billion in assets through other regulated channels. Schwab's brokerage shelf is a different door into the same demand.

None of this changes what SOL, AVAX, or LINK are worth today. It changes who can reach for them without leaving the platform where their retirement account already lives, and Schwab's own disclosures make clear it still wants that access framed as speculation, not a core holding.

This article is for informational purposes only and does not constitute investment advice.