In accordance with 528btc, Charles Schwab CEO Rick Wurster stated that the firm is open to acquiring crypto assets if valuations are attractive. The company plans to launch spot crypto trading in 2026 after phased testing and aims to capture market share from Coinbase. Wurster also mentioned that Schwab is preparing to offer spot BTC and ETH trading in the first half of 2026 and is considering launching stablecoins. Customers have already deposited $2.5 billion in ETPs with Schwab.
Schwab CEO Open to Crypto Acquisitions if Valuation is Right
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