JUST IN: U.S. Marshals Service Chooses Coinbase for Crypto Custody

The U.S. Marshals Service (USMS) has chosen Coinbase Prime to provide custody and advanced trading services for its “Class 1” large-cap digital assets. After a competitive evaluation process, Coinbase was selected for its strong track record and ability to deliver secure, institutional-grade crypto services.

Coinbase has a longstanding history of collaboration with law enforcement, supporting federal, state, and local agencies across the U.S. and internationally since 2014. These partnerships are crucial to promoting safe and efficient markets, aligning with Coinbase’s mission to grow the cryptoeconomy.

Coinbase Prime has become the preferred platform for institutions and large holders of digital assets, managing $330 billion in assets and recording $256 billion in institutional trading volume in Q1 2024. With leaders like Brett Tejpaul and Greg Tusar driving institutional growth, Coinbase continues to expand its services and educate the institutional community about crypto.

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