According to Coinbase's official blog post, the US Marshals Service (USMS) has selected Coinbase Prime to provide advanced storage and trading services for “Class 1” large-cap digital assets. The agency, which is part of the US Department of Justice, manages these assets centrally to support federal law enforcement.

Coinbase was selected after a competitive due diligence process that was evaluated based on several aspects. The company's strong track record and ability to provide institutional-grade Cryptocurrency services securely at scale were key factors in the decision. This decision is also supported by the fact that eight out of 10 Bitcoin exchange-traded funds (ETFs) in the US trust Coinbase Prime.

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