The Canadian branch of auditing company KPMG continues to delve into the crypto area by announcing an investment in NFT.
KPMG Canada on February 28 announced it had additional at least two NFTs to its portfolio, just weeks following investing in Bitcoin (BTC) and Ethereum (ETH).
Specifically, the auditing company invested 25 ETH (about USD 70,000) to invest in NFT World of Women # 2681, as very well as registering an Ethereum Name Service (ENS) domain identify handle named kpmgca.eth.
We have finished the digital artwork invest in from the acclaimed World of Women non-fungible token (#NFT) assortment, our very first foray into this quickly-rising asset class. @worldofwomennft #ETH #NFTCommunity https://t.co/HDKu77oVam pic.twitter.com/JmUIaKZcpi
– KPMG Canada (@KPMG_Canada) February 28, 2022
Benjie Thomas, managing companion of KPMG Canada, explained:
“NFT opens up a new way for organizations to interact with buyers, although accelerating technological advances in the digitization of assets. Our invest in determination not only demonstrates KPMG Canada’s self confidence in NFT, but also in World of Woman and its mission. Furthermore, with the working experience acquired, the corporation is prepared to guidebook its institutional consumers in the formulation of their NFT, obtain and hold investment tactics “.
Nancy Chase, Head of Risk Management at KPMG Canada, remarks on her motives for buying NFT World of Women:
“Women are not getting the attention they need in the cryptocurrency industry, which makes us feel honored to make our first NFT purchase from a collection that highlights women. We hope our actions will attract more women into a field that has the potential to change the way we interact with each other in the future. “
When asked about the chance of continuing to invest in far more NFTs in the close to long term, the representative of the auditing company explained she will only be interested in collections that “align with KPMG Canada’s values and brands, as well as find creative ways to invest in this space and support good causes “.
Prior to KPMG, quite a few substantial providers all around the globe also publicly announced their NFT purchases, which includes Visa payment processing corporation, adidas sportswear corporation, … as very well as quite a few other celebrities in the enjoyment business.
NFT is also made use of as a fundraising instrument for neighborhood initiatives this kind of as AssangeDAO or the motion to increase money in help of the Ukrainian persons.
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