The DeFi Drop Volume 31 – Bittrex.com

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Each week, we’ll round up the hottest news across the DeFi ecosystem to help you keep up to speed. 

KMPG Canada now holds crypto in its treasury, a first for the firm. This includes Bitcoin and Ethereum tokens, and carbon offsets to maintain a net-zero carbon transaction. (KPMG) 

The next big thing is music NFTs, with artists like Nas, 3LAU, and other heavy hitters taking to the blockchain to issue ownership of their work.  (Bankless) 

Immutable X, the layer 2 platform for NFTs on Ethereum, just embarked on a $100M deal to support GameStop’s NFT marketplace. (GameStop) 

Nike is suing StockX for releasing NFTs in the likeness of popular Nike shoes. IP protection is a space to keep an eye on in the coming months. (Reuters) 

Kyla Scanlon from Morning Brew has some ideas about the state of affairs in web3, and it mostly boils down to the polarizing maxims in the space. (Substack)