Home » Business » Charles Schwab open to crypto acquisitions if pricing makes sense, says CEO
Schwab eyes digital asset deals to broaden services while rolling out spot trading and expanding into private markets.
Key Takeaways
- Charles Schwab CEO signals openness to crypto acquisitions if valuations align.
- The firm plans to launch spot crypto trading in 2026 after phased testing.
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At the Reuters NEXT conference, Charles Schwab CEO Rick Wurster said the top brokerage company will continue looking for acquisitions that strengthen its client offerings, including potential deals in the crypto sector if valuations are attractive.
“If the right opportunity presented itself at the right price, we would certainly consider that,” Wurster said.
Schwab is preparing to debut spot BTC and ETH trading in the first half of 2026 as it targets Coinbase’s market share, Wurster said previously.
The firm is also eyeing a stablecoin launch and says clients want to consolidate crypto on Schwab, where they already hold $25 billion in ETPs.
