KPMG in Canada Makes First Direct Crypto Investment — Adds Bitcoin, Ether to ...
KPMG in Canada has added bitcoin and ether to its corporate treasury in what the company called a “first-of-its-kind investment.” KPMG said: “This investment reflects our belief that institutional adoption of crypto assets and blockchain technology will continue to grow and become a regular part of the asset mix.” Bitcoin and....
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In an inflationary environment, assets like Bitcoin are becoming more attractive to corporations looking to diversify their cash holdings. Big Four auditor KPMG’s Canadian operation has officially added Bitcoin (BTC) and Ether (ETH) to its corporate treasury, joining other major companies in converting a portion of its fiat holdings into digital assets. The decision to add Bitcoin and Ether to its balance sheet reflects KPMG Canada’s belief that cryptocurrencies are a “maturing asset class,” says Benjie Thomas, a managing partner for the firm. KPMG in Canada is following in the footsteps....
A new report by one of the Big Four accounting firms, KPMG, reveals that investment in the crypto and blockchain space grew 5.5 times the previous year to more than a record $30 billion in 2021. KPMG called 2021 a “Blockbuster year for crypto and blockchain.”
‘Blockbuster Year for Crypto and Blockchain’
KPMG published a report Monday on investments in the cryptocurrency, blockchain, and fintech space.
Noting that global fintech reached $210 billion last year, the Big Four accounting firm wrote: “We saw growing deal sizes in a....
KPMG’s cryptocurrency management suite has expanded with the company’s integration of Coin Metrics’ products. KPMG’s new tools are “designed to enable the increasing institutional adoption of cryptoassets.” KPMG Enhances Its Crypto Management Suite KPMG LLP announced Tuesday that it has formed a strategic alliance with the crypto market and network data provider Coin Metrics Inc. This enables the company to provide its clients with “Coin Metrics’ full-suite of institutional data products and infrastructure” alongside “KPMG Chain....
According to a press release, Canadian giant Klynveld Peat Marwick Goerdeler (KPMG) has added Bitcoin and Ethereum to its balance sheet. The multinational is one of the top accounting firms in the world alongside Deloitte, PricewaterhouseCoopers (PwC), and Ernst & Young (EY). The group is known as the “Big Four” due to its relevance and […]
Despite the bear market in Bitcoin and altcoins, the industry's builders continue to build for a brighter future. For all the gloom and doom in the cryptocurrency market these days, our industry continues to make inroads into mainstream tech. This week, I had the pleasure of attending the sold-out Collision Conference in Toronto, and crypto was featured prominently. During the event, I got to moderate three panels, including two that were crypto-focused. The fact that the biggest tech conference in North America is letting me talk cryptocurrency after a six-month bloodbath proves there’s....