"Charles Schwab is launching cryptocurrency trading services directly from its platform, allowing clients to trade Bitcoin and Ether. This move is significant given the institution manages over $12 trillion in assets."
"CEO Rick Wurster indicated that despite the cryptocurrency market's downturn, there remains a strong interest among clients for direct crypto holdings, even with other investment options available."
Charles Schwab is introducing cryptocurrency trading services for its 46 million clients, allowing direct trading of Bitcoin and Ether. The brokerage manages over $12 trillion in assets and aims to meet customer demand for direct crypto holdings. CEO Rick Wurster noted that despite a decline in cryptocurrency market enthusiasm, many clients are still interested in holding cryptocurrencies directly. The new service will not be available in New York or Louisiana at launch, but it reflects a growing trend among institutions to offer crypto investment options.
Read at news.bitcoin.com
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