KPMG Canada Adds Crypto to Its Balance Sheet The accounting firm acquired an undisclosed amount of bitcoin and ether using Gemini Trust’s execution and custody services.
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Feb 8
The Canadian branch of accounting giant KPMG has made its first allocation of crypto assets to its corporate treasury. The privately held firm said Monday it acquired bitcoin (BTC) and ether (ETH) on its balance sheet through Gemini Trust Company’s execution and custody services. KPMG Canada declined to disclose the amount of bitcoin and ether purchased when contacted by CoinDesk. The Toronto-based company established a governance committee to oversee and approve the treasury allocation, whic...

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