PNC taps Coinbase to create crypto trading offering for bank customers
The banking industry has fiercely resisted accusations that it denies services based on ideological reasons
Published Wed, Jul 23, 2025 · 02:17 PM
[NEW YORK] PNC Bank is working with cryptocurrency exchange Coinbase to offer crypto trading to the bank’s customers, the companies said on Tuesday (Jul 22), in a sign that crypto is moving towards becoming increasingly interconnected to mainstream finance.
PNC will use Coinbase’s institutional “crypto-as-a-service” platform to develop an offering that will allow PNC clients to buy, hold and sell cryptocurrencies. The Pittsburgh-based financial institution will also offer certain banking services to Coinbase.
The PNC-Coinbase partnership is a stark shift for the banking sector, which…
