PNC Bank Teams Up With Coinbase To Let 90K Clients Trade Crypto As Mainstream Adoption Picks Up Pace
PNC Bank has partnered with Coinbase to let over 90,000 retail and institutional clients trade crypto directly from their bank accounts, marking another step in crypto’s accelerating integration into traditional financial. The deal, announced in a July 22 press release, will see the seventh-largest US bank adopt Coinbase’s Crypto-as-a-Service platform, enabling users to buy and sell digital assets without leaving PNC’s online environment. The goal is to streamline access to crypto while keeping it within the bounds of a trusted banking interface. PNC will also offer the exchange some of its “best-in-class” banking services, including settlement. PNC-Coinbase Partnership Answers A Growing Demand For Crypto According to its Q2 2025 earnings report , PNC Bank had $421 billion in clients’ assets under management as of the end of the quarter. In a statement, the bank’s CEO William Demchak said the partnership will help “meet t...