Charles Schwab is set to offer spot crypto trading within the next year as the firm gears up to expand its digital asset services. CEO Rick Wurster confirmed the move during Schwab’s 2025 Spring Business Update stating that the company is on track and waiting for a more favorable regulatory environment.

Schwab already offers crypto-linked ETFs and Bitcoin futures but plans to enter the spot trading market to meet rising investor demand. The company has seen a 400% surge in traffic to its crypto web pages with 70% coming from potential new clients. Wurster believes Schwab’s strong reputation and tools make it a top choice for crypto investors.

Earlier this year Schwab partnered with Trump Media and Technology Group to launch Truth.Fi a fintech platform focused on patriotic investments. The venture includes up to $250 million in assets with plans to offer Bitcoin and other crypto securities. Schwab will manage custody and strategy for the new platform.

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