At the Bitcoin Conference in Las Vegas, Coinbase’s chief policy officer, Faryar Shirzad, announced the company’s sponsorship of the America250 effort, which includes a military parade to celebrate the U.S. Army’s 250th birthday, a project led by political consultant Chris LaCivita, tied to Donald Trump’s administration. This revelation drew attention due to Coinbase’s prior stance against political involvement and the controversial nature of military parades. The announcement occurred during a VIP-only event featuring Republican figures, which was largely disconnected from the general admission audience’s expectations.