Crypto industry pledges over $3M to victims of Hong Kong Fire
Simran
Crypto firms unite to donate over $3.19 million to victims of Hong Kong’s tragic Wang Fuk Court fire, which killed at least 128 people and left hundreds displaced. Fast crypto transfers enabled rapid relief support.
Bitget stepped forward with a major $1.5 million donation. The funds support emergency medical treatment, housing assistance, and long-term rebuilding for affected families in Tai Po.
Binance contributed $1.28 million to help survivors with medical care and urgent relief supplies. KuCoin added $256,000 to assist displaced families and aid frontline responders.
Web3 companies including Animoca Brands, OKX, MEXC, and HashKey joined the effort. Animoca launched a global fundraiser across EVM and Solana networks, converting all crypto donations to HKD for the Red Cross.
This rapid mobilization highlights crypto’s growing role in humanitarian aid. Borderless, fast transactions allowed immediate support for victims, showing how digital finance can drive real-world impact.