Charles Schwab CEO teases direct spot crypto trading

Charles Schwab Corp. is signaling serious momentum in the crypto space—and it’s only getting started, according to the firm’s new CEO, Rick Wurster.

The Westlake, Texas-based firm is already capitalizing on strong engagement with digital assets and is poised to expand its offerings even further, Wurster explained on a recent conference call.

According to a transcript, available on Seeking Alpha, the newly appointed CEO pointed to a broad range of available products—from crypto ETFs to Bitcoin (BTC) futures—and a rapidly growing interest from both clients and potential customers, adding:

“We saw a 400% increase in traffic to our crypto site recently—70% of whom were not clients.”

That spike in…

Source link