Coinbase’s national trust bank charter took effect, according to the US Office of the Comptroller of the Currency (OCC). The charter allows Coinbase National Trust Company to hold digital assets for clients as a fiduciary. Coinbase applied in October 2025 and received preliminary approval in April 2026, OCC records show.
Coinbase plans to offer institutional clients separate custody accounts, with staking, financing and trading available through other Coinbase entities, according to its application. The application also outlined plans to explore digital asset payment products and custody services that would let clients interact with select smart contracts.
