KPMG Canada Follows Bitcoin Buy With Purchase of World of Women NFT

2 years ago

The Canadian subdivision of KPMG has purchased a non-fungible token (NFT) from the World of Women collection, marking the planetary accounting firm’s foray into integer collectibles, the institution announced Monday.

The NFT, Woman #2681, was purchased connected Feb. 13 for 25 ETH earlier being transferred to a abstracted wallet, a spokesperson told CoinDesk via email. The institution besides revealed it owns kpmgca.eth, the Ethereum Name Service (ENS) domain sanction meant for making wallet addresses easier to use.

The consulting elephantine said the impetus of the NFT acquisition was to amended pass however it advised clients looking to participate the space.

“NFTs unlock a caller transmission for organizations to prosecute with their customers, portion besides underpinning innovation done the unafraid digitization of assets,” Benjie Thomas, managing spouse astatine KPMG successful Canada, said successful a property release. “Having present gone done the process, we are well-positioned to usher our clients astir gathering a firm NFT strategy, including acquiring and safeguarding NFTs.”

World of Women has seen a meteoric emergence to the apical of the NFT charts since its motorboat successful November, touting an 8.5 ETH (roughly $24,000) level terms connected secondary marketplace OpenSea.

The task has benefited heavy from promotion by histrion Reese Witherspoon, whose media institution Hello Sunshine partnered with the task successful February.

KPMG isn’t the archetypal firm elephantine to ape into splashy NFT purchases. Last year, Visa made headlines by buying a CryptoPunk NFT for $150,000. The level for the CryptoPunks postulation present sits astatine $193,000.

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Eli is simply a quality newsman for CoinDesk. He owns BTC, ETH and SOL.


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