USMS Partners with Coinbase to Manage Federally Seized Crypto Assets

The US Marshals Service has partnered with Coinbase Prime to manage federally seized crypto assets. This deal highlights the growing importance of professional custody arrangements for digital assets.

Custody and execution are becoming increasingly crucial as government agencies handle more valuable and visible crypto balances.

This partnership supports Coinbase's argument that its Prime product is not just an exchange platform, but a comprehensive institutional infrastructure.

The deal also underscores the growing pressure on exchanges and custodians to provide auditable and regulated rails for institutional clients.