10-Q, Member Exclusive

How Coinbase is putting a crypto spin on old-school finance

  • Coinbase, once a Silicon Valley outsider pitching crypto as an alternative to the banking system, is now doing business with the very institutions it was supposed to 'disrupt'.
  • The roles are shifting: banks are moving closer to the chain, and Coinbase is evolving beyond being just a crypto trading platform.
close

Email a Friend

    For banks, it’s a way to modernize without blowing up the ‘trust’ model


    Coinbase, once a Silicon Valley outsider pitching crypto as an alternative to the banking system, is now doing business with the very institutions it was supposed to disrupt.

    In recent weeks, two of the most prominent names in American finance — PNC and J.P. Morgan — have formally partnered with the exchange. It’s not a headline grab so much as a quiet redrawing of boundaries. The roles are shifting: banks are moving closer to the chain, and Coinbase is evolving beyond being just a crypto trading platform.

    The partnerships, while distinct in purpose, point to the same broader trend: crypto is no longer relegated to the kids’ table. PNC is using Coinbase to bring crypto access directly into its digital banking experience. J.P. Morgan is embedding Coinbase integrations into consumer rewards and funding flows, and piloting tokenized deposit infrastructure on Coinbase’s Base chain. 

    We explore the specifics of each partnership.

    Coinbase and PNC: From branches to blockchains


    subscription wall for TS Pro

    0 comments on “How Coinbase is putting a crypto spin on old-school finance”

    Business of Fintech, Member Exclusive, Numbers with Narrative

    Capital is flowing again, just not where the consensus says

    • US fintech funding jumped 47% in Q1 2026, led by a surge in early-stage capital as investors shift focus to AI infrastructure.
    • Massive influxes in Parallel Web and Rogo underline a flow of capital into agentic solutions.
    Sara Khairi | May 21, 2026
    Member Exclusive, Podcasts, SMB Finance

    The bank account is the product: Slash’s bet on vertical SMB banking

    • Victor Cardenas is the co-founder and CEO of Slash, a $1.4 billion business banking platform built on one thesis: the company holding your bank account should also own all your financial software.
    • Slash serves niche verticals like performance marketing agencies, import-export businesses, and more, with workflows no legacy bank has ever built for them.
    Zack Miller | May 20, 2026
    BNPL, Building a platform, Embedded Finance, Member Exclusive

    Affirm bets on banks, bots, and Shopify to reach $100 billion in GMV

    • Affirm has unveiled three major growth bets, embedding BNPL into bank apps via Affirm Edge, deepening its exclusive global Shopify partnership, and early positioning in AI-driven agentic commerce, all targeting $100 billion in annual GMV.
    • The thesis is that three years of compounding revenue growth give Affirm the credibility to pursue these longer-horizon plays, while its core merchant and card businesses carry the near-term load.
    Rabab Ahsan | May 19, 2026
    10-Q, Member Exclusive

    BNPL moves into the conversation layer of commerce

    • Affirm and Klarna are embedding installment payments into Google Search and the Gemini app through Google Pay.
    • Agentic commerce is growing rapidly, affecting consumption habits with each improvement. The tools assisting this consumption need to transform alongside these developments.
    Sara Khairi | May 18, 2026
    AI Innovation, Artificial Intelligence, Banking, Member Exclusive

    What Citi Sky says about the reinvention of client relationship models in wealth management

    • Citi Wealth has launched Citi Sky, an AI teammate built with Google Cloud and Google DeepMind that responds and surfaces insights in real time.
    • For Google DeepMind, the biggest challenge was making a non-deterministic generative AI system behave predictably.
    Sara Khairi | May 14, 2026
    More Articles