Charles Schwab to Add Solana, Avalanche and Chainlink to Schwab Crypto
Key Takeaways
- •Solana, Avalanche, and Chainlink are scheduled to become tradeable on Schwab Crypto in the coming months, joining Bitcoin and Ethereum, which remain the only assets currently live.
- •Schwab Crypto serves a brokerage client base of 39.9 million active accounts holding $13.04 trillion in assets as of July 31.
- •The platform charges a flat fee of 0.75% on the dollar value of each trade and is unavailable to residents of New York and Louisiana.
- •Paxos provides sub-custody and trade execution infrastructure for Schwab Crypto accounts, which are offered through Charles Schwab Premier Bank.
- •The expansion follows a softened U.S. regulatory backdrop, with the SEC having closed a series of crypto enforcement cases since early 2025.

Charles Schwab is set to expand its direct cryptocurrency offering beyond Bitcoin and Ethereum, with Solana, Avalanche and Chainlink scheduled to become available on Schwab Crypto in the coming months.
The brokerage confirmed the three planned additions on Thursday, five months after it began rolling out direct BTC and ETH trading. Schwab said SOL, AVAX and LINK were chosen as established crypto assets that align with client demand, and that additional cryptocurrencies are planned over time.
The move brings three major altcoins to a brokerage serving 39.9 million active accounts and $13.04 trillion in client assets as of July 31. The expansion also arrives amid a shift in the U.S. regulatory backdrop, with the SEC having closed a series of crypto enforcement cases since early 2025 — a change after years of Schwab executives saying they wanted clearer rules before offering spot crypto directly.
Beyond Bitcoin and Ethereum
Schwab Crypto began rolling out in May, after the firm first detailed its spot crypto launch in April. Bitcoin and Ethereum remain the only assets currently available; SOL, AVAX and LINK are scheduled to follow and are not yet live.
Clients can trade crypto alongside stocks and other investments through Schwab.com, Schwab Mobile and thinkorswim. Schwab Crypto accounts are offered through Charles Schwab Premier Bank, with Paxos — which also powers crypto services for PayPal — providing sub-custody and trade execution infrastructure.
The platform charges 75 basis points, or 0.75%, on the dollar value of each trade, a flat fee structure that contrasts with the maker-taker schedules used by crypto exchanges and the zero-commission model promoted by retail apps such as Robinhood. Accounts are currently available across the United States except New York and Louisiana — New York's BitLicense regime requires separate state approval for crypto services — with no access in U.S. territories or international jurisdictions.
Solana Gains Another Brokerage Channel
Solana adds another major traditional-finance distribution route. SOL recently broke above $100 for the first time since February and was trading near $107 on Friday, up roughly 6% over 24 hours.
Morgan Stanley has also placed Solana alongside Bitcoin and Ethereum in its planned E*Trade crypto rollout, giving SOL a path into conventional brokerage accounts without users needing to open an account at a crypto-native exchange. Schwab's listing push extends a broader Wall Street expansion: U.S. spot Solana exchange-traded products began trading in late 2025, and asset managers have filed for Avalanche and Chainlink funds as well.
Avalanche adds another Layer 1 blockchain to Schwab's lineup, while Chainlink gives clients direct exposure to crypto infrastructure rather than another general-purpose blockchain. LINK recently ranked fourth among blockchain protocols in Fortune's 2026 Crypto 100, behind Bitcoin, Ethereum and Solana.
More Assets Planned
Joe Vietri, Schwab's head of digital assets, said the expanded lineup will give clients more options to build crypto allocations alongside their existing investing and banking accounts. Schwab is pairing the trading product with research, education, market commentary and 24-hour customer support.
The brokerage had already signaled that Bitcoin and Ethereum were a starting point rather than the final asset list. Its April launch plan included future support for additional cryptocurrencies as well as eventual deposit and withdrawal functionality for clients bringing existing crypto holdings from exchanges or self-custody wallets onto the platform.
SOL, AVAX and LINK are scheduled to become tradeable in the coming months, and Schwab retains the ability to delay, modify or withdraw support for an asset based on market, regulatory, operational or risk developments. Beyond those launch dates, the open questions for clients are the timing of deposit and withdrawal support, which additional assets come next, and whether availability extends to New York and Louisiana.