Bibiyan Family Philanthropic Foundation: A Charitable Organization
Cryptocurrency fans have proved quite charitable, at least as far as Fidelity is concerned.
They announced today that the global charity recently reported it has received $69 million in cryptocurrency donations in 2017, making it the fastest-growing asset type accepted by the brokerage firm.
According to Fidelity Charitable’s annual report, the donations, which included donations in ether and btc, came from 171 different donors.
The donations represent a tenfold increase since the organization started accepting bitcoin in 2015, a number that grew 140% faster than the other options (i.e real estate) that Fidelity Charitable accepts as donations, according to the company’s vice president Amy Pirozzolo.