Last year was the largest ever for crypto donations by far. According to Fidelity Charitable, the financial services giant’s nonprofit that advises donors on charitable giving, around 45% of cryptocurrency investors donated to charities in 2020, compared to 33% of general investors. Fidelity Charitable received around $331 million in cryptos compared to $28 million in 2020. In its annual report, Giving Block, a crypto donation platform, reported $69 million in total donation volume last year, a massive 1,558% spike from 2020.
Credit: Source link
