Charles Schwab’s CEO, Rick Wurster, said on Thursday that the firm plans to launch crypto trading in the first half of 0 previously mentioned that clients want crypto to sit next to their stocks and bonds as Schwab prepares to roll out BTC and ETH 1 made the reveal at the firm’s annual event for RIAs, where they discussed the need for financial services firms to prioritize 2 investment company also discussed the potential for artificial intelligence avatars and the rise in gambling in the U. S., which it says is being mistaken for 3 clarity gives way for Charles Schwab’s crypto initiative 🚨JUST IN: $7 trillion Charles Schwab CEO Rick Wurster says the company plans to launch crypto trading in the first half of 4 bullish headlines just keep 5 asset prices… not so 6 — Tim Warren (@TimWarrenTrades) November 5, 2025 Wurster stated that there are numerous ways for clients to invest in crypto, and Charles Schwab provides insights and education on the 7 firm’s CEO announced that it will initially focus on trading Bitcoin and 8 confirmed that it’ll be available on the company’s Thinkorswim platform, followed shortly after on 9 and 10 tech executive also disclosed that the fine will not be applied to memecoin 11 opts to leave that field for other players in the 12 added that the investment management firm plans to offer direct support to crypto 13 the time of publication, Charles Schwab currently manages approximately $11 trillion in client assets on its balance 14 firm said it aims to leverage its established resources to offer secure and efficient trading 15 Texas brokerage’s initiative follows a friendlier crypto backdrop under the Trump 16 OCC and FDIC have already confirmed that financial institutions can provide crypto trading, custody, and stablecoin services without requiring special approval, as long as they manage the associated 17 also acknowledged that, from a regulatory standpoint, nothing is preventing the firm from moving forward with its cryptocurrency 18 19 Jr., a financial consultant with 401 Financial, mentioned that Charles Schwab’s crypto trading launch is on track.
Still, there is acknowledged nervousness about ensuring the tech and operations are 20 Edelman, CEO of the Digital Assets Council of Financial Professionals, also agreed that the regulatory landscape for financial institutions is clearing. Edelman, who is advising Schwab on its crypto launch, believes there will be more regulatory clarity to come, expecting legislation in a few months to complete the 21 argued that it will help every player in the field, including banks, brokerage firms, custodians, asset managers, and wealth advisors, to engage seamlessly. “We want to do it 22 want to be able to have our own books and records and things like 23 is a completely new build, and we’ve got a group of technologists working on that.” -Rick Wurster, CEO of Charles 24 also revealed that the firm plans to roll out the crypto trading services in a strategic 25 wants to have people pilot and test it, and later roll it out to both a small group of clients and a large group of 26 Schwab launches Advisor Services business Charles Schwab’s top official confirmed that the offer will be a strong differentiator because it will allow clients to access crypto directly alongside their existing investments and the bank’s 27 also championed Wurster’s leadership, stating that he has been working closely with his crypto team to help develop their offerings and 28 disclosed that the firm’s Advisor Services business is deepening relationships with the 16,000 RIA companies it serves to build a broader support ecosystem that extends beyond 29 also acknowledged that the brokerage has expanded its lending support, alternative capabilities, and its institutional, no-transaction-fee mutual fund platform to include funds from nearly 60 managers, offering clients no transaction 30 asset manager also launched Advisor ProDirect to help breakaway advisers on their path to 31 added that the firm supported the largest adviser transition in the history of its industry by integrating OpenArc to its platform in 32 seen where it 33 in Cryptopolitan Research and reach crypto’s sharpest investors and builders.
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