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Coinbase Prime has been awarded a $32.5 million contract by the U.S. Department of Justice (DOJ) to provide custody and trading services for the U.S. Marshals Service's (USMS) large-cap digital assets, also referred to as 'Class 1' cryptocurrencies. The USMS, responsible for asset forfeiture, selected Coinbase Prime for its advanced trading and custody capabilities. This partnership marks a significant milestone in the integration of digital assets into federal asset management.
Coinbase Lands $32.5M Contract with U.S. Department of Justice The U.S. Marshals Service, part of the DoJ, has announced a $32.52 million contract with Coinbase to manage and dispose of its large-cap digital assets, known as "Class 1" cryptocurrencies. Coinbase will provide… https://t.co/UXxlF51JNE
The U.S. Marshals Service has selected Coinbase Prime to take custody of and transact its crypto assets, following a request for proposals. Click to read: https://t.co/h0BOlPT4GM
NEW: The U.S. Marshals Service has announced partnership with Coinbase to safeguard, trade its large cap digital assets portfolio. Get off Coinbase and stack your #Bitcoin with https://t.co/FjkSEL3nhy https://t.co/aIOfyZjgv6