Main notes
- The investment giant plans to provide Bitcoin and ETHEREUM directly, which exceeds the current access to ETF only.
- The CEO of Schwab confirmed that the development of Stablecoin is under study as part of the strategy of expanding digital assets.
- With 37 million active accounts and 10.76 trillion dollars of assets, the input of the company’s well -known exchange of exchanges can be disrupted.
Charles Schwab Corporation, a higher investment company in the United States, indicated its intention to launch Bitcoin and Ethereum Trading during the July 18 profit call.
This step to expand the company’s digital asset offers, first I reported BloombergIt is expected that it will be a “meaningful growth driver” and comes alongside plans to explore Stablecoin.
During the call, CEO Rick Worster told investors that Stablecoin was “something we want to be able to present,” adding that the company “will get Stablecoin at some point.” A timetable for expansion of the company has not been presented in trading in the cryptocurrency or the support of Stablecoin.
Charles Schwab currently provides access to a group of bitcoin boxes circulating in ETHEREUM (ETFS) from several two sources, but adding Al -Baqa’a deals will represent its first direct offers for the encrypted currency of investors.
The overall upward view
According to a press statementThe company recorded modified profits per share of $ 1.14 during the second quarter of 2025, and received revenues of $ 5.85 billion and an increase of 25 % on an annual basis. The total client’s assets also increased, increasing by 14 % compared to the same period in 2024 and reaches 10.76 trillion dollars.
The comprehensive expectations of Charles Schwab seem to enter its potential entry into the cryptocurrency market up, with one social media analyst called “huge” news and Urging the encrypted currency community To “Evil”. Its entry into the immediate encryption trading market can be a sabotage force between known and customized exchanges such as Coinbase.
Only in: 138 billion dollars CEO Charles Schwab confirms that he will be launched #Bitcoin The coding spot trade
They have 37 million customers. Huge
pic.twitter.com/ssbg2c9fhm
Bitcoin (Pete_rizo_) April 19, 2025
Charles Schwab currently includes about 37 million active accounts, According to statements from a lie Motley. This is the second largest investment company by customers behind Fidelity (51.5 million) and 10.7 trillion dollars of management assets (AUM) would give it the highest opening, although Vanguard ( Q2 profits call to her Until the first week of August.
the next
Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Tristan is a technology journalist and editor -in -chief with 8 years of experience in covering science, technology, financing, politics and business. Before joining Coinspeaker, he wrote for Cointelegraph and TNW.
The post Charles Schwab to Launch Spot Bitcoin, Ethereum Trading and ‘Will Have a Stablecoin’ first appeared on Investorempires.com.
