Singapore, 28 September 2021 – CLA Global TS (formerly Nexia TS) is delighted to be part of the inaugural Non-Fungible Token (NFT) charity auction, Blockchain for Good, jointly organised by the Blockchain Association Singapore and NTUC U-Care Fund. A fund-raising initiative that aims to support various NTUC’ assistance programmes to better the welfare of lower-income families, as well as caring for the elderly. The firm is appointed as the honorary auditor for the auction that is scheduled to take place over a week in Singapore, from 4th to 10th October 2021.
NFTs, digital assets largely dominated by the arts and collectibles segments, are gaining popularity for the ability to trade freely with digital certificates of authenticity backed by blockchain. In addition, the auction is Singapore’s first NFT charity event that combines elements of technology and a worthy cause for good.
Henry Tan, Group CEO & Chief Innovation Officer, said: “Doing good for the community is our way of giving back. It is our duty, as the official auditor, to play not only an effective role in the charity governance to ensure accountability of funds but also contribute to this worthy cause of the NFT revolution that is shaping the digital future.”
About CLA Global TS (formerly Nexia TS)
Founded in 1993, CLA Global TS (formerly known as Nexia T.S.), is an award-winning Asia-Centred Business Advisor. An independent member firm of CLA Global Network, CLA Global TS provides a full spectrum of professional services including, but not limited to Assurance & IPO Reporting, Tax, Risk Advisory, Valuation, Insolvency & Restructuring, Sustainability & Climate Change Advisory and more.
For more information, visit CLA-TS.com.