Crypto donations hit records: Season of Generosity

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Crypto donations hit records: Season of Generosity
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Donation of cryptocurrencies on Crypto Giving Tuesday hit a new record for 2021

held on Nov. 30, absolutely shattered last year's event by raising $2.4 million in the 24-hour period — that's up 538% from the one-day event last year.

"For nonprofits, crypto users are one of the hottest donor demographics," co-founder Pat Duffy told FOX Business. "For crypto users, donating crypto to nonprofits is one of the hottest ways to reduce tax liability. But they didn't have a moment dedicated for them to meet one another. That's why we started Crypto Giving Tuesday."

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