Finance 1h ago 1 min read
Charles Schwab ($SCHW), managing $12 trillion in assets for 35 million retail clients, launched direct spot Bitcoin and Ethereum trading on May 13, 2026 via its new Schwab Crypto platform. The launch puts Schwab in direct competition with Coinbase ($COIN) and Robinhood ($HOOD), arriving the same day JPMorgan filed with the SEC for a tokenized Treasury money market fund on Ethereum as the tokenized RWA market surpasses $32 billion.