1431 ET - Charles Schwab says it is on track to launch spot trading for cryptocurrencies in the first half of 2026. "With regulatory impediments removed, the timing factors behind the launch all revolve around internal development and ensuring the infrastructure is up to Schwab's standards," Truist analysts say in a research note. The brokerage believes it already has a roughly 20% share of exchange-traded crypto products, and that given current spreads in retail crypto trading, it can be aggressive on price and still generate solid profits. Charles Schwab will pilot the offering with a smaller group before expanding it more broadly to clients. Moving forward, other asset classes are ripe for tokenization, the analysts say. (connor.hart@wsj.com)
(END) Dow Jones Newswires
October 16, 2025 14:31 ET (18:31 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.