星球日报|Dec 09, 2025 13:31
[One of the Top 10 U.S. Banks, PNC, Partners with Coinbase to Launch Bitcoin Trading for High-Net-Worth Clients]
Odaily Planet Daily News – One of the top 10 banks in the United States, PNC, has launched Bitcoin trading services for its high-net-worth clients. Through a partnership with Coinbase Global Inc., clients can now trade Bitcoin directly through their investment accounts. This service is currently limited to PNC's private banking clients, who can purchase cryptocurrencies through their investment management accounts, with funds typically sourced from their PNC checking accounts.
Brett Tejpaul, Co-Head of Coinbase Institutional, stated that Coinbase is providing brokerage services and technical integration through this partnership to facilitate Bitcoin transactions of any amount. PNC CEO Bill Demchak remarked that fintech companies are attempting to disrupt the relationship between banks and their clients, and PNC sees no reason to allow this to happen.
PNC Chief Investment Officer Amanda Agati noted that the bank had previously offered passive Bitcoin and Ethereum ETFs but emphasized that its exploration of digital assets is still in its early stages. This move aims to maintain a comprehensive client relationship.
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