COIN - DOJ Division Chooses Coinbase As Partner To Custody $32M In Assets | Benzinga
The U.S. Marshals Service (USMS), a key division of the U.S. Department of Justice responsible for asset forfeiture, has selected Coinbase Prime (NASDAQ:COIN) as its partner for safeguarding and trading its “Class 1” large cap digital assets.
This decision follows a rigorous competitive process evaluating various solutions.
What Happened: Coinbase Prime, a leading platform for institutional-grade crypto services, was chosen due to its robust track record and secure infrastructure capable of managing digital assets at scale.
This partnership underscores the growing trust in Coinbase’s ability to provide advanced custody and trading services to major institutions.
Coinbase has a history of collaboration with law enforcement ...