Key Takeaways
- Charles Schwab CEO Rick Wurster confirmed spot crypto buying and selling will launch within the first half of 2026.
- The announcement adopted stronger-than-expected Q3 earnings, pushed by a surge in retail exercise and Gen Z investor development.
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Charles Schwab, a number one US funding companies agency, plans to launch spot cryptocurrency buying and selling within the first half of 2026.
CEO Rick Wurster confirmed the timeline in a press release Thursday following Schwab’s third-quarter earnings report, which beat Wall Avenue estimates. The agency posted $134.4 billion in complete internet new property, a 48% improve from the earlier yr, pushed by file retail buying and selling exercise and continued consumer development.
Wurster stated Schwab’s crypto buying and selling product would complement its broader wealth options technique, emphasizing that the agency is “already profitable” with Gen Z buyers. Roughly one-third of recent retail accounts now come from prospects beneath 28 years previous, reflecting rising demand for diversified funding entry, together with digital property.
