KPMG invests £25m into web3 training as it preps for the metaverse

KPMG invests £25m into web3 training as it preps for the metaverse
Fin is an experienced editor with a focus on the frontlines of global business news and cutting-edge technological trends. He has published engaging interviews with leading industry figures from the likes of CBS, Rakuten, Spotify, and more. When not tapping away behind a laptop, he can be found researching and exploring the cryptocurrency and NFT markets. You can follow his Twitter @FinStrathern or connect with him at

KPMG, one of the Big Four global accounting firms, is investing £25 million into web3 training for its employees to explore potential metaverse use cases.

The centrepiece of the project will be a collaboration hub built to explore metaverse applications in industries such as healthcare, retail, and financial services.

Laura Newinski, deputy chair and chief operating officer at KPMG in the US, said: “The metaverse is a market opportunity, a way to re-engage talent, and a path to connect people across the globe through a new collaborative experience.

“The unique experience provided by our collaboration hub will tap the creativity and passion of our people and clients to accelerate innovation.”

KPMG has been dipping its toes into web3 lately. KPMG Canada recently added Bitcoin and Ethereum to its corporate treasury and even bought a World of Women NFT.

Meanwhile, the firm’s US branch has incorporated NFT and crypto training into its onboarding of new employees.

As part of its innovation strategy, KPMG will continue to explore opportunities in the crypto and web3 space, co-create new tools and solutions that provide critical insights, launch immersive learning and development platforms, recruit talent to lend expertise and help navigate the evolving convergence of the physical and digital worlds, among other things.

Armughan Ahmad, president and managing partner of digital at KPMG Canada, added: “The metaverse is a $13 trillion market opportunity that could boast as many as five billion users by 2030.

“Our first immersive metaversal experience will take our people, clients and communities beyond the traditional two-dimensional virtual environment and offer new levels of social connection, mobility and collaboration. Think of it as a world without borders that has the potential to enhance our lives by providing new opportunities to work, learn and play.”

Blockchain Expo World Series

Want to learn more about blockchain from industry leaders? Check out Blockchain Expo taking place in Amsterdam, California and London.

Explore other upcoming enterprise technology events and webinars powered by TechForge here.


View Comments
Leave a comment

Leave a Reply

Your email address will not be published.