Charles Schwab SCHW is preparing to deepen its presence in digital assets with the planned launch of spot cryptocurrency trading in the first half of 2026. The offering, branded Schwab Crypto, will initially support Bitcoin and Ethereum transactions and will be rolled out through Charles Schwab Premier Bank, SSB.

A waitlist is already live, signaling early client interest as the firm gears up for a phased launch, starting with a limited rollout before broader availability.

The move aligns with CEO Rick Wurster’s vision of integrating cryptocurrencies alongside traditional assets like equities and bonds within a single platform. In November 2024, Wurster had mentioned in an interview regarding Schwab’s intention to introduce spot…