KPMG Canada Forays into NFT Space with World of Women NFT

The firm also registered its wallet address as kpmgca.eth with ENS for easy identification of the wallet.
KPMG Canada buys World of Women NFT

One of the Big Four accounting organizations, KPMG revealed that its Canadian branch – KPMG Canada has purchased the non-fungible token (NFT) from the World of Women digital art collection. With the latest purchase, the accounting firm entered into the booming NFT space. 

In Brief:

  • The firm has executed a purchase from a different wallet before transferring to its own.
  • The purchase will guide its clients to build a corporate NFT strategy. 

AS per the data, The company has acquired Woman #2681 for 25 ETH on Feb 15 from another wallet and then transferred it to its own wallet. Also, it has registered its wallet address as kpmgca.eth with Ethereum Name Service (ENS) domain name to embark wallet address with its name. 

The NFT contains an image of Lioness haired and Brown eye Roll woman in Checkmate clothes with Soft purple background. The skin tone of the woman is Cool blue with a whistle mouth and Burgundy lips with Flower Power earrings. 

The World of Women collection grabbed the attention of many NFT enthusiasts after an immersive hike in its floor price. Currently, its floor price is around 8.8 ETH with 54.6 ETH traded volume. 

In January, the biggest NFT influencer Snoop Dogg also acquired two NFTs from the WoW collection, which led to a drastic hike in the floor price.

Some recent approaches of KPMG Canada show its overwhelming indulgence in digital assets. Last month, the firm revealed its direct investment into crypto assets as it started to accept Bitcoin and Ether to its corporate treasury. 

The company official stated that “There are numerous use cases for NFTs,” in every sector.

“NFTs unlock a new channel for organizations to engage with their customers, while also underpinning innovation through the secure digitization of assets,” Benjie Thomas, managing partner at KPMG in Canada, said in a press release. “Having now gone through the process, we are well-positioned to guide our clients around building a corporate NFT strategy, including acquiring and safeguarding NFTs.”

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