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The crypto market is maturing, but investments in the space are expected to keep declining in 2022, according to leading financial company KPMG report.
The post Crypto industry is ‘maturing’ but expects slowed growth in second half – KPMG appeared first on CryptoSlate.
The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.
Despite the bear market in Bitcoin and altcoins, the industry's builders continue to build for a brighter future.
KPMG has become the latest major corporation looking into the niche world of the metaverse, with the firm reporting a surge in interest. The move is an attempt by the firm to offer a more immersive experience to its millions of users across the globe. (Read More)
Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets but was also considering the potential growth of NFTs and the Metaverse.
KPMG in Canada stated that it had finalized the purchase of a digital art NFT from the World of Women collection. Benjie Thomas, Managing Partner, Advisory Services, commented on the purchase. A spokesman informed through an email that the NFT, Woman #2681, was acquired on February 13 for 25 ETH before being moved to a […]
KPMG Canada, a full-service Audit, Tax, and Advisory firm owned and operated by Canadians, have announced it has purchased a World of Women (WoW) NFT. (Read More)
“Big four” accounting firm KPMG Canada is at it again, this time adding a non-fungible token to their cryptocurrency holdings, after first doing so earlier this month. KPMG IN CANADA PURCHASES WORLD OF WOMEN NFT — db (@tier10k) February 28, 2022 KPMG Canada announced via press release that it has purchased a World of Women […]
The post KPMG Adds More Crypto To Its Treasury appeared first on CryptosRus.
US-based mobility service provider Uber might soon add crypto to their list of accepted payments options. This was revealed by Dara Khosrowshahi, CEO of Uber, who said in a Bloomberg interview that the firm would “absolutely” accept cryptocurrency in the future. According to the ride-sharing firm’s boss, customers will eventually be able to use bitcoin to pay for their […]
Big banks continue to explore Bitcoin and cryptocurrency’s long-term value proposition after shunning the asset class for years.
Canada-based accounting giant KPMG announced that it has added cryptocurrency to its balance sheet making it the firm’s first such direct investment in digital assets. However, the consulting firm did not specify the exact amount of bitcoin and ether purchased, at the time of this post. As per the press release, the allocation included Bitcoin [BTC] […]
New Pulse of Fintech report by KPMG revealed that over $30 billion in investments flowed into the crypto and blockchain sectors in 2021.
The fintech sector in Singapore made significant strides in 2021 by hitting $3.94 billion, with crypto and blockchain funding contributing nearly half at 1.48 billion. (Read More)
Multinational professional firm services and one of the Big four auditing firms, the Canadian distribution of KPMG said it will add Bitcoin and Ethereum to its balance sheet. (Read More)
The blockchain ecosystem might still be relatively tagged as new. However, when it comes to funding and recognition by Venture Capital (VC) Firms, they are arguably fast attaining maturity. (Read More)
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 Ether on Balance Sheet […]
Accounting and advisory giant KPMG in Canada has completed an allocation of crypto assets to its corporate treasury, the firm’s first direct investment in crypto assets.
The post Accounting giant KPMG adds Bitcoin and Ether to its balance sheet appeared first on CryptoSlate.
KPMG Canada is the latest corporate giant to disclose support for Bitcoin, Ethereum, and the crypto asset class. What does the corporate endorsement mean for crypto? Covered: KPMG Canada Adds Bitcoin And Ethereum Institutional Adoption Is Changing Crypto’s Trajectory RECOMMENDED: BITCOIN’S CORRELATION TO THE NASDAQ IS STARTING TO FALL, SAYS TECHNICAL ANALYST KPMG Canada Adds […]
The post BREAKING: Corporate Giant KMPG Adds Bitcoin And Ethereum To Balance Sheet appeared first on CryptosRus.
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