Charles Schwab (NYSE: SCHW) has announced that clients will be able to trade Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) in the coming months. Until now, Bitcoin (BTC) and Ether (ETH) were the only cryptocurrencies listed on the investment platform. The expansion gives the firm's roughly 39 million account holders three more tokens to buy inside the same app they use for stocks.

Three tokens join a platform that launched with two

The three assets will be listed on Schwab Crypto, the spot-trading product the firm rolled out to retail clients in May 2026. The move marks the first expansion of the platform's lineup since its debut. In its announcement, Schwab said it wants to grow the existing lineup with "established cryptocurrencies that align with client demand."

The additions span different layers of the crypto market. Solana and Avalanche are smart-contract blockchains that host decentralized applications and compete with Ethereum for activity, while Chainlink's LINK is the token of a decentralized oracle network that supplies real-world data such as prices to smart contracts running on other chains.

No specific launch date was provided; the firm said only that the listings will happen in the coming months, stopping short of naming a date.

Joe Vietri, Head of Digital Assets, tied the expansion to the firm's existing pitch. "With this expansion, clients will have more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab," he said in the statement.

Pricing stays at 75 basis points, or 0.75% of each trade's dollar value, a level the firm has described as among the lowest in the industry. Charles Schwab Premier Bank custodies the assets, and Paxos, a blockchain infrastructure firm overseen by the Office of the Comptroller of the Currency (OCC), handles execution.

Why a $12 trillion brokerage matters to SOL, AVAX and LINK

Schwab oversees more than $12 trillion in client assets and runs 39 million active brokerage accounts, making it one of the largest retail brokerage firms in the US. Tokens listed on Schwab Crypto stand to gain reach as trading moves from crypto-native venues toward traditional brokerages.

All three tokens have risen in price following the announcement. SOL now trades around $107, up more than 11.6% in 24 hours. LINK trades around $11.9, up more than 6.3%. AVAX has gained more than 4% and trades around $7.50, according to CoinMarketCap data.

Access is not universal, however. Schwab Crypto is not available in New York or Louisiana, and it does not operate outside the United States.

Schwab moves later, but with a familiar name

Compared with the likes of Coinbase and Robinhood, Schwab is arriving in the crypto listing space late. All three tokens already trade on those rival platforms, where Coinbase alone lists hundreds of assets and Robinhood has steadily widened its crypto menu. Schwab's timing, and its decision to start with only BTC and ETH, show the measured movement of an established player that wants to assess the market before giving its clients exposure to it.

The firm has also been measured in its tone on crypto. In March, it released a report that repeatedly called crypto a speculative, high-risk holding, and warned that even a 1% to 3% BTC or ETH position can drive an outsized share of a portfolio's risk. Schwab's disclosures also flag that the tokens are not FDIC insured, not SIPC protected, and can lose their full value.

Schwab said it plans to keep adding assets over time. However, the additions remain subject to the firm's discretion, as it stated that it reserves the right to delay or pull any announced asset on regulatory or risk grounds.