Schwab Financial has established the position of digital asset manager to provide cryptocurrency services in a layout

PANews February 19th news: According to The Daily Hodl's signing of Barron's magazine, the company is setting a new high as financial services giant Charles Schwab expands its business tentacles into the crypto asset investment field Manage positions. This new position is Digital Assets Director, who will be responsible for Schwab's overall crypto asset strategy. Joe Vietri, who once served as the network head of the financial services giant's branch, will serve as the first digital asset director.

Schwab Management's total customer assets reach approximately US$10.33 trillion, and has provided customers with access to cryptocurrencies through regulated products such as Bitcoin spot ETFs, which were approved in the United States in January 2024. Under Vietri, the financial services giant is planning to expand its cryptocurrency product range.

During last month's fourth-quarter earnings call, Worst said Schwab's clients are increasingly interested in crypto assets.