Crypto ExchangesCryptoMining

KPMG partners with CoinMetrics to support adoption of crypto and blockchain

KPMG LLP and Coin Metrics, Inc. have entered a strategic alliance to deliver trusted data & insights, proprietary analytics and cryptoasset services to support growth in institutional adoption of cryptoassets and public blockchains.  This alliance pairs Coin Metrics’ full-suite of institutional data products and infrastructure with KPMG Chain Fusion, a patent pending suite of capabilities announced in June

The combined offering includes Coin Metrics’ holistic blockchain network risk management tool, FARUMTM.   FARUMTM allows organizations to monitor and manage network attacks, transaction reorganizations, fee volatility and unusual network event risks.  FARUM’sTM conventional and unconventional data sources, including blockchain nodes, mining pools and hashrate markets, give users a view of the past, present and future transaction settlement likelihood.  KPMG Chain Fusion will also leverage Coin Metrics’ ATLASTM product as a source of on-chain data across capabilities and modules.

“The integration of Coin Metrics’ Atlas and Farum products and KPMG Chain Fusion provides a trusted foundation for adoption of digital assets,” said Sal Ternullo, co-lead KPMG Cryptoasset Services.  “Farum represents a significant step forward for custodians and exchanges who are exposed to often, unmonitored blockchain network risks that may impact their businesses.”

“Farum is yet another way that Coin Metrics promotes transparency into the activities of open, public crypto networks.  We are thrilled to bring this capability to market with KPMG by our side as we solve real business problems for crypto users,” said Tim Rice, CEO of Coin Metrics.

Through this strategic alliance, KPMG and Coin Metrics will offer a suite of complementary products and services designed to enable the increasing institutional adoption of cryptoassets and public blockchains. 

News Desk

UNLOCK Blockchain News Desk is fueled by a passionate team of young individuals deeply immersed in the world of Blockchain and Crypto. Our mission? To keep you, our loyal reader, on the cutting edge of industry news. Drop us a line at info(@)unlock-bc.com to connect with our team and stay ahead of the curve!

Related Articles

Back to top button