6: Why KPMG Bought NFTs & Crypto – Interview with Benjie Thomas - Managing Partner - Advisory Services, KPMG Canada
Episode description
KPMG Canada has been very active in the Web3 space, not only advising clients but also on its own behalf, buying NFTs and cryptocurrencies. Most notably, the partnership bought Bitcoin and Ether to hold on the KPMG balance sheet as part of corporate treasury diversification strategy. They followed this up by paying almost $50,000 to buy an NFT, Woman #2681 to be exact.
We speak to the Managing Partner to find out why an organisation like KPMG would be buying digital assets to hold on its own balance sheet. The answers may surprise you but it is certainly an impressive vision from this leading professional services firm. In fact it may lead you to think differently about digital assets and your own balance sheet.
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