Charles Schwab plans to add Solana, Avalanche and Chainlink

Charles Schwab announced plans to add Solana, Avalanche and Chainlink to its Schwab Crypto platform. Clients will be able to buy and sell the three assets in the coming months. Schwab said the additions are part of an effort to expand its digital asset offering with established cryptocurrencies that align with client demand. Schwab began rolling out Bitcoin and Ethereum trading to clients in May. The firm charges 75 basis points per transaction. Charles Schwab oversees more than $12 trillion in client assets. The firm has 39 million active brokerage accounts. Joe Vietri, Charles Schwab's head of digital assets, said the expansion will give clients more choices for building a digital asset allocation. Vietri said the additions will include education, tools, resources and support for clients considering how crypto might fit into their broader investing goals.