Dwelling » Industry » Charles Schwab to initiate up space crypto shopping and selling in first half of of 2026
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Oct. 16, 2025
CEO Rick Wurster confirmed the timeline at some stage in Thursday’s earnings call, as Schwab reported stronger-than-anticipated Q3 results driven by retail investing order.
Characterize: CNBC
Key Takeaways
- Charles Schwab CEO Rick Wurster confirmed space crypto shopping and selling will open in the main half of of 2026.
- The announcement adopted stronger-than-anticipated Q3 earnings, driven by a surge in retail recount and Gen Z investor order.
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Charles Schwab, a number one US investment products and services company, plans to open space cryptocurrency shopping and selling in the main half of of 2026.
CEO Rick Wurster confirmed the timeline in a assertion Thursday following Schwab’s third-quarter earnings document, which beat Wall Avenue estimates. The company posted $134.4 billion in total get fresh resources, a 48% increase from the old year, driven by document retail shopping and selling recount and continued client order.
Wurster talked about Schwab’s crypto shopping and selling product would complement its broader wealth solutions strategy, emphasizing that the company is “already winning” with Gen Z investors. Roughly one-third of fresh retail accounts now come from customers below 28 years broken-down, reflecting rising request for diverse investment entry, including digital resources.
