According to Citywire, American brokerage and custodial giant Charles Schwab plans to launch cryptocurrency spot trading, transfers, and custody services for its advisory custodial platform in 2027. Jalina Kerr, Managing Director of Schwab's Advisory Services division, stated that the project is currently progressing as planned and is expected to go live around mid-next year, but the exact timing may still be adjusted. Previously, Schwab had opened Bitcoin and Ethereum spot trading services to retail clients earlier this year.

BTC-3.92%
ETH-0.42%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 11
  • 2
  • Share
Comment
Add a comment
Add a comment
BlackGoldMechanicalHand
· 2h ago
2027? Whether the bull market will still be here by then is still a question; plans can't keep up with the cycle.
View OriginalReply0
SlowerThanBlock
· 3h ago
Hearing it in 2027 feels far away, but institutional infrastructure is inherently slow, and Fidelity hasn’t exactly moved faster—it has taken several years as well.
View OriginalReply0
NonceNinja
· 3h ago
Start with retail by opening BTC/ETH spot trading, then add the full suite of services for advisors; this approach is very Wall Street.
View OriginalReply0
ThePatienceRequiredFor
· 3h ago
Custody + Transfer + Trading: the three-in-one package, institutional clients finally no longer need to hassle with cold wallets themselves.
View OriginalReply0
TransparentDome
· 3h ago
The advisory hosting platform is the real deal, a lucrative business—high-net-worth clients have much thicker wallets than retail investors.
View OriginalReply0
HotAirBalloonCrossingMountains
· 3h ago
Jalina Kerr said, “It may still be adjusted.” Translation: Don’t rush—we’re waiting for regulatory signals.
View OriginalReply0
BluePeonyMinerDream
· 3h ago
Schwab's advisory network has extensive coverage, which essentially opens a high-end distribution channel for crypto.
View OriginalReply0
GlassDomeObservatory
· 3h ago
When players of Charles Schwab’s level enter the market, it indicates that the compliance framework has basically been put in order.
View OriginalReply0
ForkliftFaye
· 3h ago
Launching in the middle of next year? The crypto market changes daily, so this schedule probably will get delayed a few times.
View OriginalReply0
StonesUnderTheAurora
· 3h ago
Traditional giants always test the waters first, running retail channels before pushing into institutions, ensuring stability.
View OriginalReply0
View More
  • Pinned