A post by @coinbase on X.

Coinbase said the Office of the Comptroller of the Currency has approved Coinbase National Trust Company, a federally chartered trust company. The new entity gives the exchange a nationally regulated vehicle for custody and trust services under federal oversight rather than a patchwork of state regimes. The approval follows a broader push by crypto firms to secure federal banking-adjacent charters, and Coinbase has not disclosed the trust company's initial assets or capital. It matters because a federal charter could let Coinbase custody institutional and crypto assets under one national standard, potentially easing onboarding for large clients. What to watch next is which assets and products Coinbase places inside the trust company and whether other exchanges pursue similar OCC approvals.