PNC Becomes First Major U.S. Bank to Offer Direct Bitcoin Trading Through Coinbase Partnership
The post PNC Becomes First Major U.S. Bank to Offer Direct Bitcoin Trading Through Coinbase Partnership appeared on BitcoinEthereumNews.com.
Key Takeaways: PNC Private Bank clients can now buy, sell, and hold Bitcoin directly inside their existing banking accounts, with no need for external crypto exchanges. The launch is powered by Coinbase’s Crypto-as-a-Service (CaaS) platform, marking the most significant bank–crypto integration to date. The move positions PNC as the first major U.S. bank to embed spot Bitcoin access natively, signaling a new phase of institutional adoption. PNC is rewriting the playbook for U.S. banking by becoming the first major financial institution to offer spot Bitcoin trading directly within its digital platform. Enabled through a deepened partnership with Coinbase, the launch unlocks seamless, bank-native access to crypto for high-net-worth clients, an integration many banks have explored but never delivered at scale. A Milestone for U.S. Banking: Bitcoin Trading Built Directly Into PNC Accounts The clients of PNC Private Bank are now able to purchase, sell, and hold Bitcoin via the same platform on which they manage investment portfolios, checking, and wealth-management services. This saves customers immensely since they had to onboard with different crypto exchanges or use ETFs as a proxy. The service is only offered to the selected PNC Private Bank clients and provides high-net-worth investors with a safe, custody-backed investment in digital assets. Behind the scenes, Coinbase provides trading infrastructure, trade execution, compliance, and institutional-grade custody. This partnership builds on a strategic agreement announced earlier in July 2025, though the collaboration dates back even further. Years of behind-the-scenes development positioned PNC to move first among U.S. banks at a moment when institutional interest in Bitcoin is surging. Coinbase described the launch as a model for how traditional finance and crypto-native firms can work together to expand digital-asset access “in a safe and compliant way.” Read More: Coinbase Teases December 17 Update, New Crypto Feature Launch Incoming PNC’s Integration Marks…
