# Cryptoasset Investigation Services

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [H M REVENUE & CUSTOMS](/buyers/h-m-revenue-customs/contract-awards)
- Contract winner: TRM Labs Inc\.
- Award value: £576,000
- Tender value: £620,640
- Award date: 21 March 2024
- Published: 12 March 2025
- Contract start: 25 March 2024
- Contract end: 1 April 2025
- Stage: awarded
- Procurement category: services
- Notice ID: a802d658-f778-4b3d-8145-819f6b991325-833329
- OCID: ocds-b5fd17-02a1bae1-6aef-4290-b637-c4de464f39de

## Description

HMRC are considering the future of cryptoasset investigation services and would like to invite suppliers to provide an in-depth overview of the types of crypoassets and cryptoasset investigation tools & and ancillary services in the markets, as well as some strategic insight as to what this fast-growing market may evolve into as it matures\. The procurement event has now launched and will remain open until the closing date of 3pm 17/11/2023, Please note that it is the intention HMRC to award two contracts, although HMRC retains the right to either award only one contract or no contract\. Accessing a HMRC eSourcing Event Prior to being given access to an eSourcing Event: A Candidate/Tenderer will have to obtain an Ariba Supplier Network registration number\. This can be accomplished by accessing the relevant HMRC registration home page via the following link: http://hmrc\.supplier-eu\.ariba\.com/ad/register/SSOActions?type=full It is the intention of HMRC to award a contract for 55 licences and a second contract for 20 licences\. Please refer to the Invitation to Tender for further information\. It is the intention of HMRC to award both contracts for an initial period of 1 year with an option, exercisable by HMRC, to extend for a further year\. There will also be an option, exercisable by HMRC, to increase the number of licences by no more than 10%, if this is required\. The contract value shown is the maximum value for both contracts\.

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- [Blockchain track and trace software licences renewal](/contracts/ocds-b5fd17-1051d8a2-1897-409f-8e62-af53494f16e3): Financial Conduct Authority
- [TRM Labs](/contracts/ocds-b5fd17-bdd8d582-ea95-468f-8813-b8915f9eacec): FCA
- [NPCC Crypto Seizure Training](/contracts/ocds-b5fd17-cde796a0-6583-4010-806c-c63d489a7f10): City of London Corporation

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/a802d658-f778-4b3d-8145-819f6b991325-833329)