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Department of Justice Awarded a Contract to COINBASE INC for $32,522,694.16

Signed on

6/28/2024, 12:00 AM

COINBASE INC Government Contract #15M50024DA4400010

COINBASE INC was awarded a contract with the United States Government for $32,522,694.16. The contract was awarded by the agency office U.S. DEPT OF JUSTICE, USMS, which is a division with the U.S. Marshals Service within the Department of Justice.

Summary of Award

The recipient of the federal contract is Coinbase Inc, a U.S.-owned business based in New York. The contract, awarded by the Department of Justice through the U.S. Marshals Service, is for cryptocurrency managed services with a total amount of $32,522,694.16. Several financial transactions show no transaction amounts, indicating modifications to the contract over time.

Contract Details

Contract ID15M50024DA4400010
Contract TypeIDV_B_B
Total Obligation$0.00
Exercised Options
Base Amount + Options$32,522,694.16
Date Signed2024-06-28
Contract DescriptionAFD: CRYPTOCURRENCY MANAGED SERVICES - CLASS 1
Start Date2024-07-01
End Date2029-12-31

Agency Details

Awarding AgencyDepartment of Justice
Awarding Sub AgencyU.S. Marshals Service
Awarding OfficeU.S. DEPT OF JUSTICE, USMS
Funding AgencyDepartment of Justice
Funding Sub AgencyU.S. Marshals Service
Funding OfficeU.S. DEPT OF JUSTICE, USMS

Recipient Details

RecipientCOINBASE INC
Recipient Location550 WEST 34TH STREET 4TH FLOOR NEW YORK NEW YORK, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00004 | $0.00June 24, 2025

U.S. Marshals Service, a sub agency of Department of Justice, issued a payment of $0.00 to COINBASE INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $0.00October 10, 2024

U.S. Marshals Service, a sub agency of Department of Justice, issued a payment of $0.00 to COINBASE INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $0.00September 30, 2024

U.S. Marshals Service, a sub agency of Department of Justice, issued a payment of $0.00 to COINBASE INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $0.00July 9, 2024

U.S. Marshals Service, a sub agency of Department of Justice, issued a payment of $0.00 to COINBASE INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $0.00June 28, 2024

U.S. Marshals Service, a sub agency of Department of Justice, issued a payment of $0.00 to COINBASE INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.