# Charles Schwab is launching its own spot crypto trading platform for retail clients.

*fintech · news · 2026-04-16 · The Dallas Morning News*

## Key points

- Charles Schwab is launching 'Schwab Crypto,' a spot crypto trading platform for retail clients.
- Schwab Crypto will initially offer bitcoin and ethereum trading and eventually add more cryptocurrencies.
- The platform will integrate with existing Schwab brokerage accounts and operate under Charles Schwab Premier Bank.
- Schwab is partnering with Paxos for blockchain infrastructure in its crypto trading service.
- Schwab's stock dropped over 7% following the announcement of its crypto platform launch.

**Companies:** Charles Schwab, Paxos
**Countries:** United States

[Read the full story on The Dallas Morning News](https://www.dallasnews.com/business/banking/article/charles-schwab-s-new-trading-platform-aimed-22210539.php)

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