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Schwab Aims Crypto Custody at Its $5 Trillion Advisor Channel by 2027
Charles Schwab has switched on the first round-the-clock product in its history, letting clients trade select cryptocurrency futures nearly 24 hours a day, seven days a week, on its thinkorswim platforms. The futures cover bitcoin, ether, solana and ripple contracts, and they give clients price exposure without holding the underlying tokens. The more consequential signal, however, came from a separate corner of the firm: Schwab is preparing to bring spot crypto trading and custody to the financial advisors who steer trillions of dollars through its platform. The 24/7 futures access runs through Charles Schwab Futures ... (full story)