$12T Investment Manager Charles Schwab to add Solana, Avalanche, and Chainlink to Crypto Platform

Finance giant Charles Schwab has revealed plans to expand its cryptocurrency offerings to users by adding three major assets to its growing digital asset trading platform. Per the announcement, Solana, Avalanche, and Chainlink will join Bitcoin and Ethereum on the Schwab Crypto platform.

Schwab expands beyond Bitcoin and Ethereum

According to an official statement, Schwab will add SOL, AVAX, and LINK to its crypto platform, allowing clients to buy and sell the tokens on Schwab Crypto. While a launch date is still under wraps, the disclosure noted that users will have access to the trio of Solana, Avalanche, and Chainlink “in the coming months.”

The brokerage launched Schwab Crypto in May 2026 in a major pivot toward digital assets, offering direct trading in Bitcoin and Ethereum. The latest expansion is the first major addition to the platform, with Charles Schwab hinting at adding more cryptocurrencies to the platform.

Joe Vietri, Head of Digital Assets at Charles Schwab, noted that the latest additions are not random choices but curated to provide users with a range of investment options. Vietri disclosed that Solana, Avalanche, and Chainlink are “established cryptocurrencies” that met its criteria.

Charles Schwab added that it will also provide its digital asset investors access to a pool of educational resources and 24/7 support. To sweeten the deal, Schwab currently charges 75 basis points or 0.75% on the dollar value of each crypto trade.

“These additions are consistent with our approach to provide clients with access to familiar cryptocurrencies backed by an ecosystem of education, tools, resources, and support to make informed decisions about how crypto might fit into their broader investing goals.”

However, the company noted that it can delay, modify, or withdraw support for an announced asset depending on market or regulatory risk considerations.

SOL, LINK, AVAX prices react to Charles Schwab’s announcement

Following the announcement, prices of all three cryptocurrencies spiked. SOL price rallied by nearly 1% over the last day to cap off a meteoric week as the token exchanged hands at $104. Despite the bullish week, analysts are charting a path for SOL price to reach $147 in the near future.

Meanwhile, LINK price is trading at 11.71, with daily trading volumes surpassing $353 million. AVAX, on the other hand, had a muted showing, falling by nearly 1% over the last day.

Despite the lacklustre reaction, pundits argue that Schwab’s large user base will trigger larger trading volumes for the trio of digital assets upon listing. Schwab is one of the largest US brokerage firms, with more than $12 trillion in client assets and a staggering 39 million active brokerage accounts.