US Marshals Service Chooses Coinbase for Asset Custody

Monday, 1 July 2024, 15:59

The US Marshals Service has awarded Coinbase a contract worth $32.5 million to custody its assets. This move is significant as it demonstrates a growing trend of government entities turning to cryptocurrency exchanges for asset management. The partnership between the US Marshals Service and Coinbase is expected to enhance security and transparency in managing government assets.
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US Marshals Service Chooses Coinbase for Asset Custody

US Marshals Service Selects Coinbase for Asset Custody

The US Marshals Service has awarded Coinbase a contract worth $32.5 million to custody its assets. This move is significant as it demonstrates a growing trend of government entities turning to cryptocurrency exchanges for asset management. The partnership between the US Marshals Service and Coinbase is expected to enhance security and transparency in managing government assets.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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