RFP Virtual Currency Blockchain Analytics Tool

The New York State Department of Financial Services (Department) is seeking proposals from a uniquely discrete blockchain analytic tool provider that uses clustering (i.e., intelligence-based, co-spend, service-specific) as the primary methodology to attribute and label wallet address ownership to a legal entity (e.g., Department regulated entities) and/or services. 

The Request for Proposal (RFP) and related attachments are available for download from the Department's website at: https://www.dfs.ny.gov/procurement. 

Important Dates:

Questions Due by 3:00PM ET on Tuesday, June 10, 2025

Answers will be posted to our Agency website on or around Tuesday, June 17, 2025

Due Date for Proposals: by 3:00 PM ET on Tuesday, July 1, 2025

Any extraneous terms MUST be submitted during the question-and-answer period. Otherwise, the submission may be deemed non-responsive.

This procurement's communications are restricted under NYS Finance Law 139j. You may only contact the designated contacts on this advertisement for information. 

All inquiries shall be made by email to the following address: rfp@dfs.ny.gov 

Update as of June 17, 2025: 

Update #1 - Please note a temporary delay in the Answers to Questions Memo being published.  The Answers were scheduled to be released June 17, 2025, but is not ready for publication at this time. 

Update #2 - Please note the Answers to Questions is scheduled to be posted to our Agency website by close of business June 18, 2025. 

Update #3 - Please note that NYS DFS is doing another round of Questions and Answers period. 

As of 6/18/25 Revised RFP Dates: 

2^nd round of Questions Due Date: June 25, 2025, by 3pm ET

2^nd round of Answers Due by Date: July 9, 2025

Proposals Due: July 23, 2025, by 3pm ET

All contacts/inquires and bids shall be made by email to the following address: RFP@dfs.ny.gov