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PNC Bank, Coinbase partner for digital asset solutions, banking services

PNC Bank (PNC) announced a strategic partnership with Coinbase (COIN) aimed at expanding access to trusted, secure, and innovative digital asset solutions to PNC’s banking clients and institutional investors. PNC will also provide select banking services to Coinbase, reflecting both companies’ commitment to a more resilient digital financial system. This partnership brings together PNC’s legacy of client service and innovation with the institutional-grade infrastructure of Coinbase’s Crypto-as-a-Service platform to power secure, scalable crypto access for PNC’s clients. PNC and Coinbase will work together to develop an initial offering that will allow clients to buy, hold and sell cryptocurrencies.

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