Main highlights
- Charles Schwab CEO Rick Wolster has revealed that the company plans to introduce spot crypto trading services in the first half of 2026.
- Recently, many financial institutions are planning to integrate cryptographic services.
- This comes amid a massive liquidation in the cryptocurrency market, with billions of dollars of investments disappearing from the market.
JUST IN: $7 trillion Charles Schwab CEO Rick Wurster says the company plans to begin trading in cryptocurrencies in the first half of 2026.
— Watcher.Guru (@WatcherGuru) November 5, 2025
On November 5, Charles Schwab CEO Rick Wurster revealed the company’s plans to launch spot crypto trading in the first half of 2026. Charles Schwab CEO Rick Wurster also hinted at direct support for crypto investors.The company said it “will be there” to support investors.
His remarks caused excitement in the crypto community. As of this writing, the company has assets worth $49.45 billion on its balance sheet. Company market capitalization.
Charles Schwab joins new trend in crypto trading services between financial institutions
In 2025, many large financial institutions and banks have expressed interest in integrating crypto trading services into their existing financial infrastructure. The main reason behind this consolidation trend in cryptocurrency trading is the positive development of cryptocurrency regulation with a significant regulatory framework ending years of regulatory ambiguity in the cryptocurrency market.
However, clearances from the OCC and FDIC confirm that national banks can provide cryptocurrency storage, trading, and stablecoin services without the need for special approvals, as long as they manage risk.
This regulatory development follows the SEC’s previous decision to eliminate restrictive rules that made it difficult to store cryptocurrencies due to high capital requirements.
Additionally, US President Donald Trump signed the GENIUS Act into law in July. This is the first federal framework for stablecoins. This new regulatory clarity marks a dramatic shift in direction across Wall Street, as many financial institutions are actively integrating crypto services into their existing financial services.
For example, JPMorgan Chase has started offering its customers access to Bitcoin ETFs. CEO Jamie Dimon previously said: “We’re going to allow you to buy it. We’re not going to keep it. We’re going to put it on the customer statement.”
We also process over $1 billion in transactions every day using our proprietary blockchain-based token, JPM Coin. CEO Jamie Dimon expressed optimism about innovation in digital assets, saying: “This replaces certain systems that we all use that are difficult to use, slow, or not available 24/7.”
Similarly, Bank of America CEO Brian Moynihan said the bank is open to accepting crypto payments. “Once the rules are in place and you can actually trade, the banking system will be hit hard on the trading side,” he said earlier.
Morgan Stanley is also investing heavily in blockchain infrastructure and plans to add digital asset trading to its platform due to strong customer demand.
Where is the crypto market heading?
In 2025, the cryptocurrency market will experience impressive growth due to improved regulations and increasing demand among institutional investors for cryptocurrency investment products such as ETFs.
According to , as of this writing, the cumulative market capitalization of the entire cryptocurrency market has reached approximately $3.46 trillion. coin market cap. Since the launch of Bitcoin ETFs in 2024, many institutional investors have jumped on the opportunity to bring new capital into the crypto sector. This investment product allows investors to take advantage of the profits of cryptocurrencies without being exposed to their volatility, as they do not hold the cryptocurrencies directly.
Witnessing impressive inflows, Bitcoin crossed a major milestone by topping the $100,000 mark earlier this year. It also helped push BTC to new all-time highs. $126,000. However, several catastrophic events in recent weeks, such as the US-China trade war and large-scale liquidations, have given the crypto market a significant boost.
Yesterday, a massive liquidation took place in the cryptocurrency market, wiping out more than $2 billion from the cryptocurrency market. This massive liquidation caused the value of Bitcoin to plummet to less than $100,000.
