Schwab Completes Retail Bitcoin and Ether Rollout, Opens Crypto Transfers

Schwab's move is less about crypto conviction than about defending a retail franchise that increasingly expects digital assets alongside equities. By adding transfers, it shifts from a walled garden to something closer to a custody-adjacent model, which matters for competitors already offering similar access. The planned additions of Solana, Avalanche and Chainlink signal a broader token menu, but the real test is whether transaction-based revenue justifies the operational and compliance build-out. Whether rivals match on breadth or compete on fees is the open question.