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 Fusion, a patent-pending suite of capabilities,” the announcement states, adding:
Through this strategic alliance, KPMG and Coin Metrics will offer a suite of complementary products and services designed to enable the increasing institutional adoption of cryptoassets and public blockchains.
KPMG LLP is a U.S. member firm of the KPMG global organization which operates in 147 countries and territories. It is one of the Big Four accounting firms, along with PWC, Deloitte, and EY.
The combined offering includes Farum and Atlas, the newest products in Coin Metric’s network data suite. Farum is a blockchain network risk management tool that allows “organizations to monitor and manage network attacks, transaction reorganizations, fee volatility and unusual network event risks,” KPMG described. Atlas gives users access to raw on-chain data using a blockchain explorer API.
“The integration of Coin Metrics’ Atlas and Farum products and KPMG Chain Fusion provides a trusted foundation for adoption of digital assets,” said Sal Ternullo, co-lead of KPMG Cryptoasset Services.
What do you think about KPMG’s crypto strategy? Let us know in the comments section below.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Purchase Bitcoin without visiting a cryptocurrency exchange. Buy BTC and BCH here.
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.