KPMG Teams up with BitGo and Coin Metrics

KPMG LLP, a global network of professional firms providing Audit, Tax and Advisory services, announced the launch of a combined offering and the commercial launch of Coin Metrics’FARUM™ with the collaboration of BitGo, Inc and Coin Metrics Inc., enabling BitGo’s existing and future clients to actively monitor and manage public blockchain network risks.

According to the company, the partnership integrates KPMG Chain Fusion services, capabilities and accelerators, BitGo custody technology with Coin Metrics’ data and intelligence products. The combined suite is expected to collapse implementation cycles and deliver core capabilities for financial institutions and banks to help them offer crypto and digital assets products with confidence, leveraging execution supported by established experience in system integration, risk, compliance and control patterns.

​Arun Ghosh, Principal and KPMG Head of Blockchain for One Americas, commented:“We are thrilled to launch a combined offering to market, which marks a significant step forward in uniting core capabilities for custody, data and risk / compliance and security through an integrated solution. 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.”

"This is the perfect time to offer a world class, consolidated product suite to the marketplace and we are delighted to be joining KPMG and Coin Metrics in this effort. Through this collaboration, we will be delivering the products and services that our institutional clients have needed to allow broad adoption of digital assets,” added Pete Najarian, Chief Revenue Officer BitGo.