Charles Schwab has opened its Schwab Crypto platform to all eligible US retail clients, allowing investors to hold and trade cryptocurrencies directly alongside stocks and other traditional investment products. The bank manages approximately $12 trillion in client assets, making this direct entry particularly significant for retail crypto adoption. Meanwhile, Deutsche Bank is preparing to launch its own digital-asset custody service for institutional clients in Germany within the next few weeks, initially supporting Bitcoin and Ethereum before expanding into stablecoin transactions, tokenized deposits, and blockchain-based securities. The German banking giant also plans to expand the business into major Asian financial centers next year as part of its broader push into the digital economy.
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