KPMG Canada Announces They Hold BTC And ETH On Their Balance Sheet - BitcoinEthereumNews.com
Bitcoin EthereumKPMG Canada Anounces They Hold BTC And ETH On Their Balance Sheet02 / 07 / 2022बिटकॉइन एथेरियम समाचार KPMG LLP has become the latest publicly traded company to add cryptocurrencies to its balance sheet. The Canada-based branch of the multinational full-service audit, tax and advisory firm today anounced that it was now allocating assets to digital assets including Bitcoin and Ethereum. The Canadian branch of KPMG adds Bitcoin and Ethereum to its balance sheet In a first of its kind move in Canada, KPMG issued a press release today anouncing that it had begun making investments in Bitcoin and Ethereum. The firm stated that it believes cryptoassets will continue to see more institutional adoption, which is why it was taking the step. Benjie Thomas, Canadian Managing Partner of KPMG‘s advisory services said the firm believes that crypto is a “maturing asset class” that is already in the plans of many other financial advisors, managers, and institutions. The investment in Bitcoin and Ethereum reflects the KPMG’s belief in a future with broad adoption of crypto. “This investment reflects our belief that institutional adoption of cryptoassets and blockchain technology will continue to grow and become a regular part of the asset mix,” Thomas said. The firm will