Gate.io will soon offer Spot Cryptocurrency trading. The CEO regrets not buying Cryptocurrency.

Charles Schwab, which manages nearly $10 trillion in client assets, not only appears on the list of convertible bond holders of MicroStrategy, but the incoming CEO Rick Wurster also indicated that Charles Schwab will soon provide Spot Cryptocurrency trading. He regrets not buying Cryptocurrency and will also support his clients to invest in Cryptocurrency.

(Taiwan Financial Institution is also crazy about convertible bonds and micro-strategies, Cathay, Fubon, and Yuanta are all participating)

Managing nearly ten trillion US dollars of client assets at J.P. Morgan Wealth Management

The Charles Schwab Corporation is a US multinational financial services company founded in 1971 by Charles R. Schwab. The company is headquartered in Texas and has over 380 branches in the US and the UK, providing brokerage services for stocks, bonds, options, and other securities.

In 1974, Charles Schwab became a pioneer in discount brokerage business by offering low-cost and efficient order execution services. Over time, the company continued to innovate, launching services such as 24/7 support, no-transaction-fee mutual fund supermarket, custody services, and online trading. Charles Schwab currently manages approximately $9.85 trillion in client assets and has over 36.1 million customer accounts.

Gate.io will soon provide Spot Cryptocurrency trading

Charles Schwab's current president and upcoming CEO, Rick Wurster, said in an interview with Bloomberg that the company will seek to offer Spot Cryptocurrency trading once US regulations become more favorable. This is even more likely to happen once Trump takes office.

When the regulatory environment changes, we will enter the Spotencryption field, and we do expect it to change, we are preparing for this possibility.

JPMorgan currently offers exchange-traded funds (ETFs) linked to Cryptocurrency and Cryptocurrency futures. Wurster said that Cryptocurrency has indeed attracted a lot of attention, and they have made a lot of money as a result.

I haven't bought Crypto Assets yet, and now I feel foolish.

However, Wurster is not currently planning to invest in cryptocurrency, but he supports Jiaxin's wealth management clients who want to buy cryptocurrency.

Financial Institution seeks to attract retail money

Since the outbreak of the epidemic, the competition for retail investors' funds has intensified, especially since the US presidential election, which has stimulated the outbreak of 'Trump trading' and its market activities. Jiaxin Wealth Management, Fidelity Investments, and Interactive Brokers Group Inc. have long been involved in this field, facing challenges from new companies such as Robinhood Markets Inc. and Webull. Both newcomers and established companies are competing to launch new products for investors.

At the beginning of this year, Charles Schwab faced a change in its leadership team. Walt Bettinger, the former CEO who had been leading Charles Schwab since 2008, will turn 65 next year and has decided to pass the CEO position to Wurster. Wurster has been working at Charles Schwab since 2016 and has been serving as the President since 2021.

This article Jiaxin Financial will soon provide Spot Cryptocurrency trading, CEO regrets not buying Cryptocurrency first appeared on Chain News ABMedia.