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Bloomberg: PNC Teams Up with Coinbase to Launch Bitcoin Trading Service for High Net Worth Clients

2025.12.09 21:28:07

On December 9, Bloomberg reported that high-net-worth (HNW) clients of PNC Financial Services Group Inc. can now trade Bitcoin directly via their investment accounts—fulfilling the Pittsburgh-based bank’s initial goal when it partnered with Coinbase Global Inc. in July. The move marks the latest instance of a traditional financial firm offering digital asset trading on its own platform—a space still largely dominated by crypto exchanges like Coinbase. Brett Tejpaul, head of Coinbase’s Institutional Coverage Group, noted that via its partnership with PNC, Coinbase provides brokerage services and technical integration to enable clients to trade Bitcoin in any amount.
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