Opportunity
SAM #M-26-A44-R-000122
Urgent USMS procurement of Coinbase Class 2–4 Cryptocurrency Managed Services
Buyer
U.S. DEPT OF JUSTICE, USMS
Posted
October 27, 2026
Identifier
M-26-A44-R-000122
NAICS
523160, 522320, 561499
The U.S. Marshals Service is seeking urgent continuity of cryptocurrency services for federal asset-forfeiture missions. - Agency: U.S. Department of Justice, U.S. Marshals Service (USMS), Asset Forfeiture Division. - Requirement: An 18-month, sole-source, firm-fixed-price IDIQ contract with Coinbase Inc. for Class 2–4 Cryptocurrency Managed Services. - Services: Cryptocurrency custody, management, disposal, and consulting, including accounting, customer management, audit compliance, wallet and encryption-key management, backup, and recovery. - Urgency and context: The procurement is intended to maintain mission-critical services after the incumbent issued a stop-work notice while USMS prepares a recompetition expected to take approximately 12 months. - Estimated value: $8,128,125. Coinbase is cited as having a current USMS Authorization to Use (ATU). - Period of performance: 18 months; the document provides no specific start or end dates.
Description
Justification and Approval (J&A) - Unusual and Compelling Urgency under FAR 6.103-2 for the procurement of Cryptocurrency Managed Services.