AXA Financial announced that in the coming months, it will provide Solana ( SOL ), Avalanche ( AVAX ), and Chainlink ( LINK ) trading services to U.S. retail customers through Schwab Crypto. The company disclosed that the specific launch dates have not yet been announced, nor has it been stated whether the three tokens will be made available simultaneously.
The number of trading varieties has been expanded to 5.
With the addition of these three tokens, the number of direct trading assets supported by the Schwab Crypto plan will increase from 2 to 5. In early 2026, the platform only offered trading for Bitcoin and Ethereum. Jiaxin Financial Management stated that the new additions are mainly based on customer demand, with priority given to more mature digital assets.
The company has not disclosed more detailed screening criteria, nor has it stated whether separate trading restrictions will be imposed on the new assets. Joe Vietri, the person in charge of the digital asset business, stated that the platform hopes to provide customers with more options for digital asset allocation within the existing investment and banking service systems.
The current model still mainly relies on managed accounts.
Caxin Financial currently charges a fee of 0.75% for each crypto transaction. Customer assets are held by Charles Schwab Premier Bank, with Paxos responsible for transaction execution and secondary custody. Users can view their crypto assets along with their stock, bond, and ETF holdings at Schwab.com, Schwab Mobile, and thinkorswim.
However, this service currently does not support complete on-chain functionality. The article indicates that the platform has not opened up external deposits and withdrawals during its initial stages. In its July financial report update, Jiaxin Financial Management stated that it has begun testing the transfer function for crypto assets, and in the future, it may allow customers to transfer eligible assets between their brokerage accounts and external platforms.
As of the end of the second quarter, Credit Suisse Asset Management managed assets worth $13.1 trillion, with 39.8 million active brokerage accounts. The article points out that this does not equate to the amount of funds that can directly enter the crypto market, but it indicates that the company has a vast potential user base.
After the announcement of the news, SOL had one of the largest increases.
After the news was released, SOL performed the best. Reports show that SOL once rose to around $104.84, with a 24-hour increase of over 9%, trading in the range of $95.23 to $105.55, and trading volume nearly increased by 70%. AVAX rose by about 2% in the short term after the news, and LINK also rose by more than 2% during the same period, with a 24-hour increase of over 5%.
The article also mentioned that the increase on SOL that day occurred against the backdrop of a general strengthening in various mainstream crypto assets, so the price change was not necessarily solely driven by the news from Jiaxin Financial Management.
Consulting services are also in the preparation stage.
In addition to retail customers, Credit Suisse Financial Management is also evaluating the provision of digital asset services to registered investment advisors. Reports mention that the company is considering launching spot trading, transfer, and custody services for advisors by the middle of 2027, but the exact timeline may still be subject to adjustment.
Additional information:Before Credit Suisse Financial Services launched direct crypto trading, its clients primarily obtained relevant exposure through ETF, futures, and thematic funds. The company's management previously stated that the scale of crypto exchange-traded products held by clients through this platform was approximately $25 billion.
