KPMG Canada has partnered with Chainalysis, a blockchain analytics firm, to combat digital asset fraud. Their collaboration aims to offer advanced blockchain monitoring and anti-money laundering compliance programs. With rising crypto-related illicit transactions, hitting $20.6 billion globally in 2023, the move strengthens KPMG’s forensic investigations in the sector. This follows KPMG Canada’s prior involvement in cryptocurrencies, including entering the metaverse and investing in Bitcoin and Ether.