Financial services giant Charles Schwab is preparing to expand deeper into digital assets, announcing plans for a forthcoming product that will allow clients to buy and sell cryptocurrencies directly through its platform.

The firm revealed that “Schwab Crypto™” is in development and will be offered through Charles Schwab Premier Bank, positioning the product as a gateway for retail investors seeking direct exposure to leading cryptocurrencies such as Bitcoin. The company has opened a waitlist for clients interested in early access, though availability will be subject to regulatory approval and eligibility requirements.

The move marks a notable shift for Schwab, which until now has limited crypto exposure to indirect investment…