KPMG teams up with Coin Metrics to drive institutional adoption of cryptocurrencies

KPMG, one of the Big Four accounting firms, announced the formation of a strategic alliance with analytics firm Coin Metrics. The partnership is aimed at supporting institutional adoption of cryptocurrencies and blockchain.

Under the partnership, the companies will combine KPMG’s Chain Fusion with Coin Metrics’ Farum and Atlas — tools for risk management in blockchain networks for data collection.

KPMG believes that such an integration will provide a solid foundation for the spread of digital assets among institutions.

In June this year, KPMG unveiled its Chain Fusion software. The company says it has streamlined the management of cryptocurrency assets for traditional financial institutions and fintech startups.

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