$12 trillion brokerage and commercial bank Charles Schwab has launched a phased roll-out for its Spot crypto trading division.

Dubbed Schwab Crypto, the platform will be live in the upcoming weeks and will offer direct access for retail investors to trade Bitcoin and Ethereum. 

Only the two top crypto assets will be supported for now. Other crypto assets will be added over time.

The platform will allow users to view both their crypto assets and traditional assets, including stock and ETF holdings. The launch comes after recent speculation that the firm was planning a major move into spot crypto support. 

Commenting on the debut, Joe Vietri, head of digital assets at Charles Schwab, said the move was aimed at helping retail…