Charles Schwab plans to add spot trading for Bitcoin and Ethereum in the first half of 2026, CEO Rick Wurster said on Wednesday at the Reuters Next conference in New York.
He said the firm will test the product with employees and then a small group of clients. The rollout will be staged before it reaches all investors, according to Wurster. Schwab will start with internal trials. Access will then expand in steps, beginning with a limited client pilot.
When asked about acquisitions in crypto, Wurster signaled openness but set conditions. He said Schwab would consider buying a crypto company if the opportunity is right and the price is right. Wurster did not name any specific firm or say talks are underway.
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