Charles Schwab Plans to Launch Spot Crypto Trading Platform
- Charles Schwab aims to introduce a spot crypto trading platform within the next 12 months.
- The firm manages $9.93 trillion in total client assets.
- CEO Rick Wurster reported a 400% increase in traffic to their crypto site, with 70% being prospects.
- A new position, “head of digital assets,” has been created to oversee crypto strategy.
- Joe Vietri will serve as the inaugural head of digital assets.
Charles Schwab is preparing to launch a spot crypto trading service within a year, driven by increased interest and engagement in their crypto offerings, as highlighted by CEO Rick Wurster. The firm has also appointed Joe Vietri as the head of digital assets to lead this initiative.
Source (2.6)https://dailyhodl.com/2025/04/21/charles-schwab-ceo-says-firm-looking-to-launch-spot-crypto-trading-within-12-months/?rand=59076
