Solana, Avalanche, Chainlink see gains as Charles Schwab plans to roll out spot trading products

• Charles Schwab will enable clients to buy and sell SOL, AVAX and LINK in Schwab Crypto accounts.
• Schwab Crypto, which launched in May, already supports Bitcoin and Ethereum trading.
• SOL, LINK and AVAX gained 13%, 6%, and 4%, respectively, following the announcement.

Charles Schwab plans to expand its crypto trading offering by adding spot trading for Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) to its Schwab Crypto platform, according to a statement on Thursday.

Charles Schwab to roll out SOL, AVAX, LINK trading for customers

The financial services firm announced that clients will be able to buy and sell SOL, AVAX and LINK in their Schwab Crypto accounts in the coming months. The additions will expand its crypto platform that already offers direct access to Bitcoin (BTC) and Ethereum (ETH) trading.

Schwab Crypto began rolling out digital assets trading to clients in May 2026, marking the company's broader push into the digital asset market. The latest additions are part of its plans to gradually expand its cryptocurrency offering with established digital assets that align with client demand.

"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," said Joe Vietri, Head of Digital Assets at Charles Schwab.

Vietri added that the new listings align with the firm's approach of providing access to familiar cryptocurrencies while offering investors education, tools and other resources to help them make informed decisions.

Schwab Crypto allows clients to view and trade cryptocurrencies alongside their traditional investments through Schwab.com, the Schwab Mobile app and the thinkorswim trading platform.

The firm charges 75 basis points on the dollar value of each crypto trade, which it described as among the lowest pricing in the industry.

The addition of SOL, AVAX and LINK will further broaden the range of cryptocurrencies available through the platform following the introduction of Bitcoin and Ethereum trading earlier this year.

Schwab added that it intends to continue expanding Schwab Crypto over time, with additional digital assets expected to be added to the platform.

US financial companies expand crypto services for institutional clients

Charles Schwab's announcement comes as major US traditional financial institutions continue to adopt different approaches to crypto products.

JPMorgan Chase expanded its institutional digital asset services, including custody and blockchain-based wholesale settlement through JPM Coin.

Goldman Sachs and Morgan Stanley have primarily provided wealthy and institutional clients with crypto exposure through investment products, private wealth management services and spot Bitcoin exchange-traded funds (ETFs).

Meanwhile, State Street and BNY Mellon have focused on building institutional digital asset infrastructure, including cryptocurrency custody and administration services.

Solana, Chainlink and Avalanche are popular for their real-world asset tokenization initiatives with traditional financial institutions, fintech companies and real-world applications.

The move also comes amid a recovery across the broader crypto market, with SOL, AVAX and LINK also rising 13%, 6% and 4% in the past 24 hours at the time of writing.