Three Major Financial Institutions Reveal Upcoming Crypto Activations

Over the last 48 hours, Charles Schwab, Goldman Sachs and Morgan Stanley, three major financial institutions offering banking and investment services, announced plans to roll out crypto trading to their users. Yesterday, May 1, Charles Schwab CEO Rick Wurster went on Yahoo Finance’s podcast and claimed the institution will add spot crypto trading within the next 12 months, beginning with Bitcoin and Ethereum. The offerings will exist on Schwab’s “thinkorswim” platform, which is the bank’s trading-focused product suite. At Token2049 in Dubai this week, Goldman Sachs’ head of digital assets Mathew McDermott announced the firm’s desire to enter tokenized treasury and money market fund trading, as well as lending. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant