PNC Taps Coinbase to Create Crypto Trading Offering for Bank Customers
ALLEGHENY COUNTY, PENNSYLVANIA, JUL 22 – The partnership enables PNC clients to trade cryptocurrencies using Coinbase’s secure infrastructure while PNC provides select banking services to Coinbase, meeting rising demand for digital asset solutions.
- On July 22, 2025, PNC Bank revealed a strategic collaboration with Coinbase that enables PNC customers to access cryptocurrency buying, selling, and holding services through Coinbase’s Crypto-as-a-Service platform.
- The partnership follows growing regulatory clarity, including President Trump's recent stablecoin regulatory law, and addresses past tensions between crypto firms and banks over service denial.
- PNC will integrate Coinbase's institutional-grade infrastructure to enable clients to buy, hold, and sell digital assets while providing Coinbase with tailored banking services to support its growth.
- PNC CEO Bill Demchak highlighted that collaborating with Coinbase enhances their capacity to deliver cutting-edge crypto financial products to customers, while Coinbase’s Brett Tejpaul praised PNC as a leading player in the market.
- This collaboration indicates increasing crypto-finance integration, likely fostering a resilient and scalable digital financial ecosystem amid expanding institutional crypto adoption.
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