Charles Schwab, one of the world’s largest asset managers with over $10 trillion under management, is preparing to launch Bitcoin and Ethereum trading services. The firm is joining a growing list of Wall Street players embracing digital assets.
Institutions dive deeper into crypto
By integrating BTC and ETH into its platform, Schwab enables both retail and institutional clients to access crypto assets within a secure, regulated environment. This move reduces the reliance on external exchanges and aligns with client demand for direct crypto exposure.
The announcement reflects a broader institutional push into blockchain markets. Other giants like BlackRock and Fidelity have made similar moves, signaling a new era of convergence between traditional finance and crypto.
Market impact and competitive pressure
Schwab’s entry is likely to accelerate competition in both brokerage and digital asset services. It marks a shift in how legacy institutions are positioning themselves amid rising demand for transparent and trustworthy crypto access.
Strategic value for StartUpX
This momentum directly reinforces the thesis behind StartUpX and the XSTP token. As tokenization of real-world assets (RWA) gains institutional acceptance, StartUpX stands ahead with its decentralized infrastructure focused on private market access and asset-backed tokens.
Source: Bloomberg
Date: July 18, 2025
