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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

PNC, Coinbase Partnership Aims To Revolutionize Crypto Banking Infrastructure

PNC.site.Coinbase.Shutterstock

PNC Financial Services Group, Inc. (NYSE:PNC) unit PNC Bank and Coinbase Global Inc. (NASDAQ:COIN) announced on Tuesday a strategic alliance to broaden secure cryptocurrency offerings and extend banking services for retail and institutional clients.

Under the agreement, PNC Bank will integrate Coinbase’s Crypto‑as‑a‑Service platform to enable customers to buy, hold and sell digital assets, while also delivering tailored banking solutions to Coinbase itself.

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