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UK-Based Charity Received Over £100K Crypto Donations

UK-Based Charity Received Over £100K Donations
  • UK-based CHUF has received more than £100,000 in crypto donations.
  • The charity uses the donations processing platform The Giving Block.
  • Other major supporters include MoonBoys Finance and Hope Token.

Children’s Heart Unit Fund (CHUF), UK-based charity, has received more than £100,000 in cryptocurrency donations over the past year. As per latest reports, the donations equal around $137,560.

The charity is one of the few in the UK that accept donations made in bitcoin and other cryptos. For now, their chosen donations processing platform is The Giving Block. In fact, it is one of only two charities to do so in the UK.

CHUF recently received a one-off donation worth more than £70,000, they shared in a statement. Community-driven decentralized finance (DeFi) token MoonBoys Finance and charity token HOPE TOKEN also made large donations. Dan Bainbridge, evangelist investor, and blockchain marketer is also a long-term supporter of the charity. He has also pledged a crypto donation worth more than $10,000.

Charlotte Campbell, the charity head of fundraising, stated:

Its [sic] been quite a journey since we first started the process to seeing donations of £10,000, £20,000 even £70,000 come through – as a fundraiser that will always be incredibly exciting. We are beyond grateful to the generous donors who have made it possible for CHUF to continue to bring smiles to the faces of Heart Heroes across the UK.

The cryptocurrency world moves so fast, which can be unnerving to some charities, but it is also incredibly exciting. The crypto community has really embraced us as one of their own, and we are incredibly grateful to be able to work with people who are so passionate about having a positive impact on the world.

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Lisa is excited about all things tech. She devotedly follows blockchain and crypto updates, sharing her passion through writing about it. She is a regular contributor for cryptocurrency news and articles.