Charles Schwab Expands Crypto Platform to Solana, Avalanche and Chainlink as Fomo Brings Token Trading to X Cashtags

Charles Schwab is adding Solana, Avalanche and Chainlink to its Schwab Crypto trading platform for eligible U.S. clients, bringing the total number of supported digital assets to five. The move marks a continued push by traditional brokerages into direct cryptocurrency trading.

On the social media front, Fomo has integrated Solana token trading into X's Cashtag feature, allowing users to buy and sell Solana-based tokens without leaving the platform. X already supported a native "Trade" workflow directing users to participating partners, and Fomo's addition extends that to Solana with non-custodial crypto wallets.

Solana's Jupiter decentralized exchange also announced an expansion beyond core trading, adding token baskets, yield vaults and a new portfolio product. Visa separately added Monad as a stablecoin settlement option on its network for participating issuers and acquirers, a move announced by the Monad Foundation.

On the security side, attackers who stole Binance funds moved approximately 117,000 NEAR tokens, worth roughly $430,000, through newly created meme tokens on Solana in what analysts described as a laundering attempt using thinly traded assets.