KPMG Canada purchases an NFT after investing in crypto

March 2, 2022

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KPMG in Canada declared that it has finalized the purchase of a digital art NFT from the World of Women collection. This gain evaluates their belief not only in the steady growth of NFTs said Managing Partner, Advisory Services, Benjie Thomas about the buy. He also added that NFTs encouraged associations to engage with their consumers in unusual ways and authorized secure digitization of assets. There are numerous use cases for NFTs. They are glimpsing firms from dealers and sports associations to auction houses, celebrities, and not for profits use NFTs to market their name, volunteer talent, develop value, boost awareness for causes, and engage with customers. KPMG’s crypto assets and blockchain assistance co-leader Kareem Sadek said that he is also bullish on web3 and understands it will improve how people engage with brands, associate and exchange digital assets.

World of Women NFT Compilation

World of Women or WoW is a community that aims to attract people particularly women into the NFT space and create a more comprehensive web3 platform. KPMG in Canada paid 25 ETH or approximately $70,000, for Woman #2681, which is a digital illustration of a woman with blue skin and curly hair. And this will bring more women into the space. This is the firm’s first NFT investment but not its main invasion into digital assets. It plans to use its background investing in the digital asset marketplace to help its customers to assemble beneficial methods. Moreover, to the previous investments, the corporation has also bought an Ethereum Name Service domain name: kpmgca.eth for an unrevealed amount.

 

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