The Defiant
2025-04-19 22:35:08

Charles Schwab, Managing $10 Trillion, to Launch Spot Bitcoin Trading by April 2026 Under CEO Rick Wurster

Charles Schwab Corp., managing over $10 trillion in assets and serving 37 million customers, has announced plans to launch spot Bitcoin and crypto trading services within the next 12 months, with a target start date of mid-April 2026. CEO Rick Wurster confirmed this during an analyst call, emphasizing the firm's readiness to enter the cryptocurrency market. The decision follows a reported 400% surge in visits to the firm's crypto education portal, signaling significant investor interest in digital assets. This move is part of a broader trend among traditional financial institutions to integrate crypto products into their offerings, with Schwab's initiative described as a major step in this direction. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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