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Schwab (SCHW) Launches 24/7 Crypto Futures Amidst Market Cooling

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The Story

News Summary

  • Charles Schwab has launched 24/7 crypto futures trading for retail clients.
  • While the platform expands its offerings, the move coincides with cooling retail crypto enthusiasm and a broader market slump.
  • The firm's long-term strategy focuses on integrating spot crypto custody for its $5 trillion advisor network by 2027.
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