KPMG is a global network of professional firms providing Audit, Tax and Advisory services.
KPMG is a professional service company and one of the Big Four auditors, along with Deloitte, Ernst & Young (EY), and PricewaterhouseCoopers (PwC).
Seated in Amstelveen, the Netherlands, KPMG employs 207,050 people and has three lines of services: financial audit, tax, and advisory. Its tax and advisory services are further divided into various service groups.
The name “KPMG” stands for “Klynveld Peat Marwick Goerdeler.” It was chosen when KMG (Klynveld Main Goerdeler) merged with Peat Marwick in 1987.
Both entities with their expertise and tools, plan to help crypto firms navigate the complex intricacies involved.
As per the KPMG Canada’s representative, blockchain-based tokenized shares will become the crypto industry’s biggest institutional use case and institutional DeFi players would prefer to transact in a more permissioned environment.
The integration of advanced technologies like GenAI is generating significant optimism within the cryptocurrency world as well.