Crypto donations expose charities to a “new demographic of funders” that they can’t afford to miss out on.
Payment services provider Shift4 acquires The Giving Block for $54 million
Shift4 has more than 425 software integrations and over 200,000 merchant customers
Where do crypto donations go? Here are six charities that have benefited, as told by The Giving Block
“As a smaller organization with a smaller team, we saw how crypto could level the playing field and provide massive fundraising success,” said giving associate Alexa Castellano at Trees for the Future.
Crypto Santa: Trader nets $34K shorting AVAX and LUNA, buy toys for kids
The trader deposited $100,000 into its FTX account and secured nearly $34,000 in net profits.
We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block
The amount of crypto donations through The Giving Block surged to $100 million this year from $4 million in 2020.
US Bail Funds Are Seeing an Uptick in Cryptocurrency Donations
The Bail Project, Chicago Community Bond Fund and Nashville Community Bail Fund take cryptocurrency donations not just in BTC, but also ETH and even BAT.
Hodlers Can Donate Crypto to Charity to Minimize Tax Payments
Donating crypto means it won’t be taxed, say The Giving Block and TAXbit, which published a guide to facilitate such donations.