According to reports from Wu, Rick Wurster, the president of Charles Schwab and the soon-to-be CEO, stated that the company plans to offer cryptocurrency investment services directly to customers and is currently waiting for improvements in the regulatory environment.

Charles Schwab customers have participated in the crypto market through tools like ETFs, and the company hopes to further expand its services. Previously, Charles Schwab invested in the crypto exchange EDX Markets and launched a crypto-themed index ETF (STCE), demonstrating its open attitude towards the crypto industry.