The largest online brokerage in the United States, Charles Schwab, predicts it will offer encryption coin spot trading within a year, managing $10 trillion in client assets.

Rick Wurster, CEO of Schwab Financial, the largest online brokerage in the United States, revealed in an interview with Reuters yesterday that he plans to enter cryptocurrency spot trading within a year, showing the company's strategic shift in embracing digital assets and responding to market competition. (Synopsis: Bitcoin big good is coming? US Bitcoin Strategic Reserve Report released 5/5 ago) (Background supplement: Bitcoin ETF net inflow for four consecutive days, institutional layout "smart money" or hidden "bull trap"? As the largest online brokerage in the U.S. and one of the most commonly used platforms by Taiwanese to buy U.S. stocks, Schwab (Charles Schwab)'s every move has a significant impact on financial markets. Just yesterday (1), the company's CEO Rick Wurster revealed in an interview with Reuters that Schwab plans to enter the field of cryptocurrency spot trading in the next year. It marks that more investors will have easier access to cryptocurrency investment in the future. Embracing the Digital Wave: Schwab's Crypto Landscape Schwab's push for crypto industry services also largely depends on an improving regulatory environment in the U.S., and large companies like this often need to seek clarity and stability in regulations. Despite Bitcoin's excellent performance in recent years, the cryptocurrency market is still accompanied by "significant risks" from time to time, such as huge price fluctuations. Wurster also added that Schwab's target customers in the cryptocurrency business are not cryptocurrency enthusiasts pursuing dozens of cryptocurrencies, but serve existing stock and bond investors who are "interested" in cryptocurrencies and want to hold small amounts of cryptocurrencies, demonstrating a cautious and pragmatic market entry strategy. Schwab's Market Position and Competitiveness Schwab is the leader in U.S. online brokerage, managing nearly $10 trillion in client assets and 36.9 million brokerage accounts. The upcoming launch of spot trading in cryptocurrencies reflects the company's desire to cater to growing customer demand for cryptocurrencies and strengthen its competitive position. Overall, as a large and trusted traditional financial institution, Schwab's entry is expected to improve the accessibility, legitimacy and liquidity of the crypto market, further influencing the market structure and direction. Related reports Trump announced that the top 220 "Trump meme coins" can participate in the 5/22 dinner, and the token soared 60% Trump wants to issue an ETF! Made in the United States and cryptocurrency funds are expected to go public in the second half of the year, Truth.Fi cooperate Crypto.com to seize the market Trump shouted: will significantly reduce tariffs on China, will not fire Bauer, bitcoin knocks 94,000 U.S. stocks rise together "The largest online brokerage in the United States" Schwab Financial predicts that it will provide spot trading of cryptocurrencies within one year and manage 10 trillion US dollars of customer assets" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Blockchain News Media".