KPMG has launched a cryptocurrency management platform designed to accelerate institutional crypto adoption. KPMG’s patent-pending tool aims to bridge traditional data and crypto systems, integrating key use cases of cryptocurrency, including custody, wallets, and anti-money laundering (AML) transaction monitoring.
KPMG’s Crypto Suite
KPMG LLP announced on Monday that it has launched a “New platform [that] addresses global regulatory concerns for strong system controls and processes for crypto and digital assets.” Called KPMG Chain Fusion, the new cryptocurrency platform aims “to help manage crypto and traditional assets over public and private blockchain networks,” the announcement details. KPMG LLP is the U.S. member firm of KPMG International, one of the Big Four accounting firms, which has more than 219,000 professionals working in 147 countries and territories.
The firm described this product as “a patent-pending suite of advanced analytics capabilities built on leading cryptoasset data and technology products to streamline…