Charles Schwab Plans Mid-2027 Crypto Trading and Custody Launch
- Charles Schwab targets mid-2027 to launch cryptocurrency trading and custody services for financial advisors.
- The initiative will include Bitcoin and Ethereum, expanding access to major digital assets.
- Jalina Kerr, head of advisor experience, emphasizes building regulated custody and compliance systems before the launch.
- The project aims to integrate crypto trading within a regulated brokerage framework for advisors.
- Schwab’s move reflects growing demand from wealth managers for secure, regulated access to digital assets.
Charles Schwab is preparing to offer cryptocurrency trading and custody services to financial advisors by mid-2027, focusing on integrating these services within a regulated framework. This initiative includes major cryptocurrencies like Bitcoin and Ethereum, responding to increasing demand from wealth managers for secure access to digital assets.
By developing its own custody solutions, Schwab aims to reduce reliance on third-party providers, facilitating smoother integration of digital assets into traditional portfolios. (Source)
