Is KPMG investing in cryptocurrencies?

Accounting firm KPMG is getting into cryptocurrencies. The firm announced in a press release on Feb. 7, 2021, that its Canada office had purchased Ethereum ( ETHUSD) and Bitcoin ( BTCUSD) for its corporate treasury. KPMG did not divulge the amount or figures related to its investment in cryptocurrencies.

What is KPMG's cryptoasset framework?

In a November 2020 report, KPMG outlined its own cryptoasset framework designed to serve clients. It consists of five pillars that range from determining client requirements to managing forks in their cryptoassets and ensuring security and storage of their cryptocurrencies.

What does KPMG do with Microsoft?

Additionally, KPMG member firms offer collaborative services with Microsoft, combining Microsoft's blockchain and cloud technologies with our extensive offerings and expertise, know much. Embracing a rapidly-advancing new technology that disrupts business as usual is not easy.

Who is KPMG blockchain services?

KPMG Blockchain Services professionals can help. With expertise in 30 countries, we focus on assisting financial service firms identify an effective use case strategy to derive maximum blockchain benefit.