PNC Bank announced a strategic partnership with cryptocurrency exchange Coinbase on July 22, 2025. This collaboration aims to expand access to secure digital asset solutions for PNC's banking clients and institutional investors.
Under the partnership, PNC will leverage Coinbase's Crypto-as-a-Service (CaaS) platform to develop an initial offering that will allow clients to buy, hold, and sell cryptocurrencies. This move signifies PNC's entry into the mainstream digital asset market.
Additionally, PNC will provide select banking services to Coinbase, reflecting a mutual commitment to a more resilient digital financial system. PNC Chairman and CEO William S. Demchak stated that this partnership accelerates the bank's ability to bring innovative crypto financial solutions to its clients and meet growing demand for secure digital asset access.
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