Charles Schwab (SCHW.US) launches cryptocurrency trading services to compete with Robinhood and others.

CharlesSchwab (SCHW.US) has announced the launch of a cryptocurrency investment product, Schwab Crypto, which will provide clients with trading services for Bitcoin and Ethereum. The service is expected to be launched in the coming weeks, positioning Charles Schwab to compete directly with platforms such as Robinhood (HOOD.US) that offer both stock and cryptocurrency trading. With over $11 trillion in client assets under management, Charles Schwab has repeatedly noted an increase in client demand for cryptocurrency investments in recent months. Source: https://news.futunn.com/en/post/71613550/charles-schwab-schwus-launches-cryptocurrency-trading-services-to-compete-with