Charles Schwab Plans to Add Spot Trading for Solana, Avalanche and Chainlink
Charles Schwab plans to expand its cryptocurrency trading platform by adding spot trading for Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) over the coming months, according to an announcement highlighted by @WuBlockchain.
The planned expansion would add three more digital assets to Schwab Crypto, the brokerage’s cryptocurrency trading platform. The service officially launched for clients in May 2026 and currently supports direct spot trading of Bitcoin (BTC) and Ethereum (ETH).
Schwab Crypto Expands Beyond Bitcoin and Ethereum
The planned additions of SOL, AVAX and LINK would broaden the range of cryptocurrencies available through Schwab Crypto beyond the two assets currently supported.
Charles Schwab is one of the largest U.S. brokerage firms, and its cryptocurrency offering provides clients with direct spot trading capabilities. Spot trading involves buying and selling the underlying digital asset rather than using derivative contracts tied to its price.
Schwab has not indicated that the three planned additions are already available for trading. The company said they are expected to be introduced over the coming months.
The expansion would bring three established blockchain assets into the platform. Solana is the native cryptocurrency of the Solana blockchain, while AVAX is the native token of Avalanche. LINK is the native token of Chainlink, a blockchain infrastructure network focused on providing data and connectivity between blockchain-based applications and external systems.
Schwab Crypto Launched in May 2026
Schwab Crypto officially launched for clients in May 2026. At launch, the platform supported direct spot trading of Bitcoin and Ethereum, the two largest cryptocurrencies by market presence.
The service represents Charles Schwab’s entry into direct cryptocurrency spot trading for its clients. Rather than limiting clients to indirect exposure through investment products, the platform allows supported digital assets to be traded directly.
The initial focus on BTC and ETH provided the platform with two of the most established assets in the cryptocurrency market. The planned addition of SOL, AVAX and LINK would significantly increase the number of assets available through the service.
However, the company’s announcement does not specify an exact launch date for any of the three cryptocurrencies.
Platform Serviced by Schwab’s Banking Subsidiary
Schwab Crypto is serviced by Charles Schwab’s top-tier bank subsidiary, according to the information shared in the announcement.
The involvement of the brokerage’s banking subsidiary provides the infrastructure supporting the cryptocurrency platform as Schwab expands its digital asset services.
The company’s decision to add additional spot assets also comes as traditional financial institutions continue to develop cryptocurrency-related services. Schwab’s platform, however, remains limited to the assets it chooses to support, with SOL, AVAX and LINK planned for future availability rather than immediate trading.
SOL, AVAX and LINK Set for Future Addition
The three cryptocurrencies planned for Schwab Crypto represent different blockchain ecosystems and use cases.
Solana’s SOL is used to pay transaction fees and support activity on the Solana network. Avalanche’s AVAX serves a similar foundational role within the Avalanche ecosystem. Chainlink’s LINK is associated with the Chainlink network, which provides infrastructure for connecting blockchain applications with external data and systems.
The planned listings would give Schwab Crypto clients access to these assets through the brokerage’s spot trading platform once the additions are implemented.
For now, Bitcoin and Ethereum remain the only cryptocurrencies available for direct spot trading on Schwab Crypto. The company’s planned expansion to SOL, AVAX and LINK signals a broader asset offering, although the announcement does not provide additional details on whether further cryptocurrencies could be added later.
Writer: Victoria HaleTechnology & Blockchain WriterVictoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.She prioritises clarity and accuracy when explaining technical developments to a general audience.
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