PNC Private Bank, with $400-500 billion in assets, has launched direct Bitcoin trading capabilities for its high-net-worth clients through an integrated Coinbase platform. The move makes PNC the first major US bank to offer such services, marking a significant milestone in traditional finance's adoption of cryptocurrency. The partnership, announced in July, allows private banking clients to execute spot Bitcoin transactions directly through PNC's platform, signaling growing institutional acceptance of digital assets among mainstream financial institutions.
PNC Bank Becomes First Major US Bank to Offer Direct Bitcoin Trading Through Coinbase Partnership
byu/MarketFlux inCryptoMarkets
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