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PNC Bank Rolls Out Spot Bitcoin (BTC) Access for Private Clients After 2025 Reveal

PNC Private Bank integrates Coinbase infrastructure enabling high-net-worth clients to trade and custody bitcoin on a single platform, positioning PNC as a crypto leader among major banks.

  • On Dec. 9, 2025, PNC Bank announced direct spot bitcoin trading for eligible PNC Private Bank clients in Pittsburgh, calling it first among major U.S. banks.
  • The partnership with Coinbase, announced in July, underpins PNC's launch by integrating Coinbase's institutional-grade Crypto-as-a-Service into PNC Private Bank Online for trading and custody.
  • Through Portfolio View, eligible clients can buy, hold and sell bitcoin while managing accounts and activity on PNC Private Bank Online for streamlined oversight.
  • William S. Demchak said, 'As client interest in digital assets continues to grow, our responsibility is to offer secure and well-designed options that fit within the broader context of their financial lives', and PNC plans to expand access in future phases.
  • PNC's scale as one of the largest U.S. financial institutions and Coinbase's mission to increase economic freedom for more than 1 billion people support expanding digital asset economy access.
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PNC First Major Bank to Launch Direct Bitcoin Access for Clients, Powered by Coinbase's Crypto-as-a-Service Infrastructure

/PRNewswire/ -- PNC Bank today announced the launch of direct spot bitcoin trading capabilities for eligible clients of PNC Private Bank®, making PNC the first...

·United States
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PNC Bank becomes the first major US bank to offer Bitcoin spot trading directly in the bank accounts of its private customers, thanks to Coinbase's Crypto-as-a-Service infrastructure. The device targets high-end customers wishing to access the BTC in a secure and familiar environment, with an experience similar to their traditional banking operations. Coinbase consolidates its status as a key partner of financial institutions by combining with a…

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Bloomberg broke the news in United States on Tuesday, December 9, 2025.
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