Charles Schwab Launches Crypto Trading, Eyes New Revenue Streams
The financial giant has completed its retail crypto trading rollout and plans to add more coins soon.
The financial giant has completed its retail crypto trading rollout and plans to add more coins soon. Bitcoin (BTC) is trading at $82,147.00, up 0.1% since this brief published. This is an original TLT brief synthesising 3 outlets (Bitcoin.com, Blockonomi, Crypto Economy), with their figures cross-checked, plus live market data, as of Thu, 15 Oct 2026 18:15:02 UTC.
This move by a major traditional brokerage could accelerate mainstream crypto adoption and provide a new revenue stream amid market volatility.
- Schwab now offers bitcoin and ether trading to retail clients across its $13.33T platform.
- Crypto transfers and three additional coins are coming by year-end.
- Despite strong Q3 earnings, Schwab's stock fell 5.05% to $91.91.
Bitcoin.com and Blockonomi both report that Charles Schwab has completed the retail rollout of bitcoin and ether trading, with $13.33 trillion in client assets now eligible for crypto access. They also agree that the firm plans to introduce crypto transfers and add three more cryptocurrencies before 2023 ends. However, only Blockonomi provides details on Schwab's Q3 earnings, noting a 17% revenue increase to $7.2 billion and a 5.05% stock price drop despite the strong performance.
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- Charles Schwab Launches Crypto Trading, Eyes New Revenue Streams — this brief
Charles Schwab has officially launched bitcoin and ether trading for retail clients, expanding its cryptocurrency offerings across its massive $13.33 trillion brokerage platform. The move aims to capitalize on growing demand for digital assets while providing a new revenue stream for the traditional financial giant.
During the company's October 15 webcast, CEO Rick Wurster confirmed that crypto transfers are being introduced and that three additional cryptocurrencies will be added to the platform before the end of the year. This strategic expansion reflects Schwab's recognition of the growing importance of digital assets in the financial landscape.
Multiple outlets, including 
Bitcoin.com and Blockonomi, corroborate that Schwab's client assets have grown by 15% to $13.33 trillion, with new inflows reaching $190.4 billion. The firm also added 1.2 million new brokerage accounts, bringing its total to 48.6 million.
Despite these positive developments, Schwab's stock price fell 5.05% to $91.91 following the release of its Q3 earnings report. The company reported a 17% increase in revenue to $7.2 billion and a net income of $2.9 billion, indicating strong financial performance.
In the broader market context, the total crypto market cap stands at $2.82 trillion, with Bitcoin trading at $82,061, up 0.05% in the last 24 hours. The Fear & Greed Index remains at 53, indicating a neutral market sentiment.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $82,061.00 to $82,147.00 — +0.10%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦112.16M (about $82,147.00), up 0.8% over 24 hours. The naira itself trades about 2.5% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
TLT extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Charles Schwab Launches Crypto Trading, Eyes New Revenue Str — questions & answers
What cryptocurrencies does Schwab currently offer?
Schwab currently offers bitcoin and ether trading to retail clients.
When will Schwab add more cryptocurrencies?
Schwab plans to introduce three additional cryptocurrencies by the end of 2023.
How much did Schwab's client assets grow?
Schwab's client assets grew by 15% to $13.33 trillion.
How much is 1 Bitcoin worth in naira today?
About ₦112.16M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $82,147.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.10% since this brief first published — trading at $82,147.00 now versus $82,061.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin.com, Blockonomi, Crypto Economy, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.