Department of Justice Awarded a Contract to COINBASE INC for $6,978,346.66

Q: Where is COINBASE INC located?

550 WEST 34TH STREET 4TH FLOOR NEW YORK NEW YORK UNITED STATES

Signed on

7/1/2024, 12:00 AM

COINBASE INC Government Contract #15M50024FA4400016

COINBASE INC was awarded a contract with the United States Government for $6,978,346.66. 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

COINBASE INC is the recipient of a federal contract from the Department of Justice, specifically the U.S. Marshals Service. The contract is for CRYPTOCURRENCY MANAGED SERVICES with a total value of $6,978,346.66. One notable transaction shows the full contract amount was obligated on July 1, 2024.

Contract Details

Contract ID15M50024FA4400016

Contract TypeC

Total Obligation$6,978,346.66

Exercised Options$6,978,346.66

Base Amount + Options$6,978,346.66

Date Signed2024-07-01

Contract DescriptionAFD: CRYPTOCURRENCY MANAGED SERVICES - CLASS 1 BASE YEAR POP JULY 1, 2024 TO JUNE 30, 32025

Start Date2024-07-01

End Date2025-06-30

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 #P00001 | $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 #0 | $6,978,346.66July 1, 2024

U.S. Marshals Service, a sub agency of Department of Justice, issued a payment of $6,978,346.66 to COINBASE INC. The payment included a Subsidy Cost of $0.00.