Key Points

• AXA Financial launches direct trading for SOL, AVAX, and LINK
• This brokerage firm has expanded its range of cryptocurrency products to five digital assets.
• The acquisition channels for retail investors have increased, but this does not guarantee that it will lead to new demand for counterfeit coins.

AXA Financial has expanded its cryptocurrency trading platform to support Solana ( SOL ), Avalanche ( AVAX ), and Chainlink ( LINK ), allowing eligible U.S. retail investors to have direct access to three additional altcoins in addition to Bitcoin and Ethereum.

According to the announcement by this brokerage firm on November 9th, these assets can now be traded through the Schwab Crypto account, marking the completion of its expansion plan first announced in August.

This launch is built upon Jiaxin Financial's previous introduction of Bitcoin and Ethereum trading services, further expanding the direct trading channels for cryptocurrencies through a major traditional securities firm.

Schwab Crypto The supported currencies have increased from two to five.

Schwab Crypto currently supports trading Bitcoin, Ethereum, Solana, Avalanche, and Chainlink.

The company began to gradually launch its cryptocurrency platform in May 2026 and opened it to all eligible retail customers in October.

Investors can view and trade supported digital assets alongside traditional investment products through the Schwab.com, Schwab Mobile, and thinkorswim platforms.

The transaction fee is set at 75 basis points, which is equivalent to 0.75% of the amount in US dollars for each transaction. This means that if you purchase 1,000 US dollars worth of cryptocurrency, a transaction fee of 7.50 US dollars will be incurred.

However, this service is currently not available in New York State, Louisiana, U.S. territories, or international jurisdictions.

AXA Financial also emphasized that cryptocurrencies are not deposits covered by FDIC insurance, nor are they securities protected by SIPC. This means that customers still face significant market risks.

This expansion follows closely on the futures trading permissions previously provided by the brokerage firm, which were identified as Solana. However, the latest service allows eligible customers to buy and sell the relevant cryptocurrencies themselves, rather than derivative contracts.

Why are they Solana, Avalanche, and Chainlink?

These three new assets represent different sub-sectors of the blockchain economy.

Solana focuses on high-throughput blockchain applications, including decentralized finance, stablecoin payments, and tokenized investments.

With Ondo Finance launching a tokenized investment portfolio on Solana, its continuously expanding financial ecosystem has recently attracted even more attention.

Avalanche supports programmable blockchain applications and tokenization for institutions, while Chainlink provides decentralized oracle infrastructure that connects blockchain with external data and financial systems.

These use cases are increasingly overlapping with the interest of traditional financial institutions in tokenized assets.

A recent investment discussion regarding Chainlink and Avalanche also highlighted that financial advisors are paying increasing attention to blockchain infrastructure beyond Bitcoin.

However, AXA Financial has not yet disclosed the trading volume or customer configuration details for these newly supported tokens.

Will the launch of counterfeit coins by AXA Financial increase institutional demand?

This announcement represents an important milestone in distribution, but broader availability among brokers will not automatically translate into higher token prices.

Caxin Financial's expansion this time is mainly targeted at eligible retail customers and does not imply any new commitments for institutional investments.

However, allowing customers to manage their cryptocurrency exposures in a unified manner, in addition to stocks and other investment products, may lower the barriers faced by investors who previously relied on professional exchanges.

Other securities firms are also adopting similar strategies, including Yingtou Securities, which has expanded cryptocurrency trading to 11 types for eligible European customers.

At the same time, traditional investment products have also provided alternative options for directly holding tokens, including subscription services for cryptocurrency funds that have been expanded from their initial beta phase.