Charles Schwab Plans to Launch Spot Crypto Trading in 2026

2025-12-04 12:58:13

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At the Reuters Next conference in New York on December 3, 2025, Charles Schwab CEO Rick Wurster announced that the firm expects to introduce spot cryptocurrency trading during the first half of 2026. The rollout will begin with internal testing among employees and a limited group of clients before expanding to a wider audience.

Part of a Broader Strategy to Expand Investment Offerings

Wurster explained that the initiative aligns with Schwab’s long-term strategy to explore new investment capabilities that can bring added value to its large client base. The announcement highlights the increasing mainstream demand for digital asset exposure.

Acquisition of Forge Global Signals Stronger Push Into Digital Assets

The update comes shortly after Schwab completed its $660 million acquisition of Forge Global, a move that further positions the company within emerging financial technologies. During the interview, Wurster noted that Schwab remains open to additional crypto-related acquisitions, adding that the firm would consider opportunities that align with its strategic objectives and come at the right price.

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