Coinbase wrote a letter to shareholders on Tuesday saying PNC Bank, the fifth-largest bank in the United States, plans to cooperate with Coinbase to launch cryptographic service products.
More than 9,000 large financial institutions have established partnerships and cooperating with the Coinbase crypto exchange. The letter to shareholders on August 10 mentioned a new sizeable banking institution- PNC Bank and wrote:
“In addition, in recent months, we have formed partnerships with industry leaders including