By Davit Kirakosyan

Bloomberg News reports that Citadel Securities, Virtu Financial, Inc., and Fidelity Investments are helping to build a crypto trading platform. Charles Schwab Corporation (NYSE :).

Citadel Securities and Virtu did not respond to requests for comment. But, those familiar with the subject said the product is still in early development stages and may be made available by the end of 2022.

Mayura Hooper spoke for The Charles Schwab Corporation and stated that the company plans to invest in companies and technology in cryptocurrency. The investment will be made in an environment with strong regulation and security. While they don’t have plans to offer direct crypto trading at this point, Hooper mentioned they will consider introducing direct access to cryptocurrencies when there is further regulatory clarity.

Ken Griffin, the founder of Citadel Securities, said the company plans to make markets in crypto, however, he didn’t mention a specific timeline.

Coinbase, a leader in crypto trading (NASDAQ:) could be affected by the news.