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KPMG Canada is one of the latest owners of the World of Women NFT art collection. Being the first NFT project that the corporation is acquiring, KPMG Canada is looking to inspire more engagement from women in the non-fungible token space.
KPMG Canada has announced its purchase of a World of Women artwork, its first NFT purchase. This comes after the tax, audit, and advisory firm announced its purchase of Bitcoin and Ethereum for its balance sheet earlier in February.
Encouraging more Corporate adoption of the Crypto and NFT space
KPMG Canada, one of the largest employers in Canada now owns both fungible and non-fungible cryptocurrency assets.
The World of Women NFT collection is a collection of 10,000 non-fungible tokens that represent artworks of “diverse and powerful” women that are focused on “celebrating representation, inclusivity, and equal opportunities for all.”
In February, KPMG Canada announced its Bitcoin and Ethereum. With the purchase of their first non-fungible token, they are showing their support for the adoption of cryptocurrency and encourage other corporate firms to do so as well.
However, other major companies have also made big moves in the NFT space – with Visa acquiring a CryptoPunk NFT for 49.5 ETH last August. Budweiser also bought Ethereum Name Service Domain names in that same month. America’s largest bank, JP Morgan recently announced the launch of their lounge on Decentraland’s Metaverse. Mc Donald’s and YouTube have also acquired a few major NFT and Metaverse-related projects.