$410,000,000,000 PNC Bank Partners With Coinbase To Expand Crypto Services to Institutional Clients

Description

A multi-billion-dollar bank is teaming up with the largest crypto exchange in the US to serve institutional investors. According to a new press release, PNC Bank announces it is partnering with Coinbase for both digital asset and traditional banking services. While Coinbase will assist PNC with their Crypto-as-a-Service (CaaS) model, allowing clients to buy and hold digital assets, PNC will provide Coinbase with “select banking services.” Says William S. Demchak, PNC chairman and CEO, “Partnerin...