$ 16 billion charity enables Bitcoin donations after partnering with The Giving Block

The giving block a large organization focused on the crypto donation sector, Further expands its cryptocurrency-powered charities with a new partnership.

The organization will work with the provider of non-profit platforms RenPSG to enable its donors to transfer cryptocurrencies like Bitcoin (BTC) to new donor recommended funds to support nonprofits and other charities, advertisement The donation block on September 23.

As part of the association, RenPSG will offer a solution that enables charities to accept more than 45 different cryptocurrencies such as BTC, Ether (ETH) and Dogecoin (DOGE).

$ 16 billion charity enables Bitcoin donations after partnering with The Giving Block
$ 16 billion charity enables Bitcoin donations after partnering with The Giving Block

Renaissance Charity Foundation, Sponsor of donor-indexed funds, will be RenPSG’s first institutional client to accept cryptocurrency donations through the new solution starting this week, said The Giving Block.

Founded in 1987, RenPSG is a leading charity platform that operates a donor-recommended custom solution providing proprietary philanthropic software called DFX. According to The Giving Block, RenPSG raised $ 16.6 billion in 2020.

“With the enormous reach of RenPSG, The Giving Block is taking another step in making the philanthropy of cryptocurrencies a global phenomenon”, he showed the organization on Twitter.

Kelly Palmer, RenPSG’s CEO and VP of Strategic Growth Operations noted that in response to increasing adoption in the industry, the platform is accepting crypto donations:

“As the number of users of cryptocurrencies increases, so does the number of cryptocurrency donations. We hope that many of our clients will use this solution to diversify the types of assets they will accept in their donor recommended fund offering and interest in a. to awaken a whole new group of donors. “

Founded in 2018, The Giving Block is a great cryptocurrency donation solution that focuses on helping nonprofits raise funds in cryptocurrencies like Bitcoin. On Monday, the organization announced that it is well on its way to processing more than $ 100 million in crypto asset donations in 2021. The Giving Block also hopes to raise $ 1 billion in cryptocurrency donations in 2022 through a series of partnerships that will begin in the fourth quarter of 2021 before the start of the holiday season.

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