Charles Schwab said on 27 August 2026 that Schwab Crypto will add Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) in the coming months, expanding the retail platform beyond the bitcoin and ether trading it opened in May.
What Schwab announced
In a company press release, Schwab named the three tokens as the next assets clients will be able to buy and sell in Schwab Crypto accounts. No exact listing date was given. The firm said it may delay, change or withdraw support for an announced asset if market, regulatory, operational or risk conditions require it.
The Block and The Defiant confirmed the same details the same day: the menu grows from two tokens to five, still inside Schwab’s existing brokerage surfaces rather than a standalone exchange app.
Joe Vietri, Schwab’s head of digital assets, said in the release that the expansion gives clients more ways to build a digital-asset allocation next to the investing and banking tools they already use at Schwab, with education and support around how crypto might fit a broader portfolio. Treat that as corporate framing, not a product endorsement.
How Schwab Crypto works today
Schwab Crypto began rolling out to retail clients in May 2026 with direct spot trading of bitcoin and ether. Accounts are offered through Charles Schwab Premier Bank, SSB. Cryptocurrencies on the platform are not FDIC insured, not SIPC protected, and are not bank deposits. Schwab’s own risk disclosure states that plainly.
Independent coverage at launch and in Thursday’s follow-ups put trade execution and sub-custody with Paxos, with a fee of 75 basis points (0.75%) on the dollar value of each trade. Clients can view and trade crypto beside stocks and other holdings on Schwab.com, Schwab Mobile and thinkorswim.
Availability is limited. Schwab Crypto is offered in U.S. states except New York and Louisiana, and it is not available in U.S. territories or any international jurisdiction. Not every applicant qualifies. For LatAm readers, that means this is a U.S.-resident product story, not a regional on-ramp.
Why these three tokens
Schwab described the picks as established cryptocurrencies that match client demand. Solana is a high-throughput smart-contract network used for DeFi, payments and consumer apps. Avalanche is another smart-contract chain. Chainlink provides oracle infrastructure that feeds external data into on-chain applications. None of those product descriptions come from Schwab’s release; they are the public roles those networks already play.
The brokerage is still choosing a short list rather than mirroring a full exchange catalogue. Five named assets is a curated retail menu, not an invitation to trade every mid-cap token under the Schwab brand.
Custody inside a brokerage is not self-custody
Buying SOL, AVAX or LINK inside Schwab Crypto keeps the position on a bank-affiliated, custodial account. You get the convenience of one login and the constraints that come with it: eligibility rules, geographic limits, platform risk, and the inability to move coins to a wallet you control until (and unless) Schwab ships withdrawals on those assets.
That matters for anyone who already holds those tokens on an exchange or in a hardware wallet. A Schwab listing can widen U.S. retail access and liquidity around the names. It does not replace keys you hold, and it does not create a LatAm corridor. Remittance and dollar-stablecoin rails in Brazil, Argentina, Mexico and Panama run on local VASPs, Pix, SPEI and similar systems, not on a Texas brokerage crypto account.
If you are eligible and curious, read Schwab’s crypto risk disclosure, confirm your state is supported, and treat any allocation as speculative capital you can afford to lose. This is product reporting, not a recommendation to buy SOL, AVAX, LINK or any other asset.
What to watch next
Three checkpoints will show whether this expansion is real distribution or a press-release menu:
- Live trading dates for each of the three tokens, with clear eligibility rules.
- Whether deposits and withdrawals to external wallets arrive, or whether holdings stay trapped inside Schwab Crypto.
- The next asset adds. Schwab said it plans to keep expanding the list over time.
Takeaway
On 27 August 2026 Charles Schwab said Schwab Crypto will add Solana, Avalanche and Chainlink in the coming months, widening a May 2026 retail offering that started with bitcoin and ether. The product remains U.S.-only, custodial, and fee-bearing at 75 basis points per trade.
For readers outside the supported states, the news is a signal about how large U.S. brokerages are normalizing a short list of major tokens. It is still not a product you can open tomorrow from Panama City or São Paulo. Prefer self-custody for long-term holdings; use brokerage crypto rails only when the convenience is worth the custody trade-off.
