PNC Bank to Launch Crypto Services Through Coinbase Partnership

PNC Bank, one of the largest financial institutions in the United States, announced on Tuesday that it will partner with Coinbase to offer crypto services to its customers. By integrating Coinbase’s Crypto-as-a-Service platform, PNC clients will be able to buy, sell, and hold digital assets directly within the bank’s service ecosystem.

The agreement marks a significant step for PNC toward expanding its digital offerings and addresses the growing demand for regulated access to cryptocurrencies. According to the bank, the partnership will also allow it to deliver “best-in-class” banking services to Coinbase while integrating crypto into its own portfolio.

PNC has not provided an official timeline for the rollout of these services. The partnership reflects a broader trend within the U.S. banking sector, where more institutions are adopting blockchain technologies and crypto products in response to increasing client interest.