One of the big four accounting firms in the United States and Canada has revealed its plan to open the first metaverse collaboration hub to help the company’s employees and clients pursue opportunities in the digital era. 

The accounting firm is entering the metaverse by developing a collaboration hub that will connect the clients, employees, and others with Web3. KPMG has announced that it will be making a collective $30 million investment this year in the Web3 experiences, and the metaverse hub will be the “Signature Piece.”

KPMG Metaverse Hub 

According to a report, this hub will focus on education, training, collaboration, events, and workshops with Cliff justice, KPMG, U.S. leader of enterprise innovation, claiming that it is currently being used for all those things. However, the company claims it will hire people to expand and build it over time with the long-term objective of examining other potential metaverse use cases such as health care, retail, consumer, media, and financial services. 

Laura Newinski, deputy chair, and chief operating officer at KPMG in the U.S., 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.”

KPMG will also continue to explore the boundaries of crypto and Web 3.0 space to co-create new solutions and tools to enable entry into the metaverse, offer critical insights, launch immersive learning and development platforms and help navigate the changing confluence of the digital and physical worlds. 

The interest in the metaverse has increased tremendously in the last few years. There has been an exponential increase in interest in developing methods to make the internet more realistic and help work and school become more realistic while being online. JP Morgan, one of the biggest banks in the U.S., earlier made pushed out a statement suggesting metaverse is a trillion-dollar opportunity, and several other brands and companies agreed.