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Coinbase is deepening ties with 145 U.S. government entities as the nation accelerates bitcoin adoption, signaling unprecedented institutional demand and a seismic shift in crypto policy.
Coinbase Strengthens Ties With Governments as US Embraces Bitcoin
Coinbase CEO Brian Armstrong highlighted the company’s expanding partnerships with government entities in a social media post last week. He shared:
Across federal, state, and local, Coinbase now works with 145 government entities in the U.S. and 29 government entities outside the U.S. In the wake of the U.S. Strategic Bitcoin Reserve launching, we’re seeing many more take an interest.
Emphasizing the company’s mission to support global institutions in crypto adoption, Armstrong noted: “We’d like to help everyone custody, trade, and use crypto, and that includes governments around the world. Let’s bring everyone onchain!”
President Donald Trump recently issued an executive order establishing a U.S. Strategic Bitcoin Reserve. The move signals a shift in national policy toward recognizing bitcoin as a strategic asset. Additionally, the White House hosted its first-ever crypto summit, where industry leaders and policymakers discussed the future of digital assets in the U.S. economy. The meeting was widely seen as bullish for the crypto industry, with participants advocating for regulatory clarity and broader adoption. Moreover, Trump has suggested the creation of a crypto reserve featuring leading cryptocurrencies such as ether ( ETH), XRP, solana ( SOL), and cardano ( ADA).
On its website, Coinbase positioned itself as “the trusted crypto partner to governments” and described how public institutions are becoming more involved in cryptocurrency. The company wrote:
Governments around the globe are expanding their participation in the cryptoeconomy. Whether that means embracing bitcoin as a store of value or leveraging blockchain technology to make critical systems run more efficiently, public-sector institutions are rapidly becoming major players in crypto.
The firm emphasized its role as a key institutional partner in crypto, noting it secures 12% of the market capitalization, has provided institutional solutions for 13 years, and offers custody for over 430 digital assets.
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