KPMG LLP and Coin Metrics, Inc. join Strategic Alliance

KPMG LLP and Coin Metrics, Inc. have formed a strategic alliance to provide reliable data and insights, proprietary analytics, and cryptocurrency services to support growth in institutional adoption of public cryptocurrencies and blockchains. This alliance pairs Coin Metrics’ full suite of institutional data products and infrastructures with KPMG Chain Fusion, a patent-pending suite of features announced in June.

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The combined offering includes Coin Metrics ‘holistic risk management tool from Coin Metrics’ blockchain network, FARUM. FORUM allows organizations to monitor and manage network attacks, transaction reorganizations, rate volatility, and the risk of unusual network events. FARUM’s^TM Conventional and unconventional data sources, including blockchain nodes, mining pools, and hashrate markets, give users insight into the likelihood of settlement of past, present and future transactions. KPMG Chain Fusion will also leverage Coin Metrics’ ATLAS^TM produced as an on-chain data source between features and modules.

“The integration of Coin Metrics’ Atlas and Farum products and KPMG Chain Fusion provides a reliable foundation for digital asset adoption,” he said Sal ternullo, co-head of KPMG Cryptoasset Services. “Farum represents a significant step forward for custodians and exchanges who are exposed to often and unmonitored blockchain network risks that can impact their businesses.”

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“Farum is another way Coin Metrics promotes transparency in public and open crypto network operations. We are excited to bring this capability to market with KPMG by our side as we solve real business problems for crypto users,” he said. Tim Rice, CEO of Coin Metrics.

Through this strategic alliance, KPMG and Coin Metrics will offer a suite of complementary products and services designed to enable the growing institutional adoption of public cryptocurrencies and blockchains.