Global accounting firm KPMG has announced the launch of a suite of products and services designed to enable increased adoption of cryptoassets and public blockchains in a combined offering with digital asset firms BitGo and Coin Metrics.

The collaboration seeks to bring KPMG’s Chain Fusion services, capabilities and accelerators; BitGo’s custody technology; and Coin Metrics’ data and intelligence products to market through a deeply integrated offering.

The offering’s launch also coincides with the commercial launch of Coin Metric’s FARUM™, a blockchain network risk management program, that will be part of the combined product suite.

The three firms hope this combination of their services will collapse implementation cycles and deliver core capabilities for financial institutions and banks, helping them to offer digital assets products with confidence and supported by established experience in system integration, risk, compliance, and control patterns.

“[This combined offering] marks a significant step forward in uniting core capabilities for custody, data and risk compliance, and security through an integrated solution,” said Arun Ghosh, KPMG head of blockchain for One Americas. 

“FARUM™ presents a new level of public blockchain intelligence that is transforming institutional risk management in public blockchains.  We are thrilled to realize the opportunity to launch this offering together with BitGo and Coin Metrics,” he added.

KPMG and Coin Metrics formed a strategic alliance in October 2020 that pairs Coin Metrics’ full-suite of institutional data products and infrastructure with KPMG Chain Fusion, a patent pending suite of capabilities announced in June 2020.

“This is the perfect time to offer a world class, consolidated product suite to the marketplace,” said Pete Najarian, chief revenue officer at BitGo.

“Through this collaboration, we will be delivering the products and services that our institutional clients have needed to allow broad adoption of digital assets,” he added.

Interested in hearing more in person? Find out more at the Blockchain Expo World Series, Global, Europe and North America.
The post KPMG, BitGo, and Coin Metrics launch combined offering for public blockchains appeared first on The Block.
Read the original post: KPMG, BitGo, and Coin Metrics launch combined offering for public blockchains

By lecrab