Express

Charles Schwab Is Exploring Crypto Brokerage Business: Report

Mary Liu

Summary: According to crypto media The Block, Charles Schwab (NYSE: SCHW), one of the largest financial services companies in the United States, is exploring to start the cryptocurrency brokerage business.  The source said that the service will be built on local crypto partner’s technology.  Public information shows that Charles Schwab is the third-largest asset management company ...

According to crypto media The Block, Charles Schwab (NYSE: SCHW), one of the largest financial services companies in the United States, is exploring to start the cryptocurrency brokerage business. 

The source said that the service will be built on local crypto partner’s technology. 

Public information shows that Charles Schwab is the third-largest asset management company in the world after BlackRock and Vanguard. As of October 31, 2020, it has 29.0 million active brokerage accounts, 2.1 million corporate retirement plan participants, 1.5 million banking accounts, and $5.9 trillion in client assets.

By Mary Liu

Last Update:

Tags: ,,
Link: Charles Schwab Is Exploring Crypto Brokerage Business: Report   [Copy]
Next:

Related Articles

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 1 day ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 6 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago

    • You need to login to comment.