Download Ripple Donates $200,000 In Its Fight Against The Coronavirus Pandemic
Ripple has made a donation of around $200,000 in an effort to combat the alarming coronavirus pandemic. Notably, the San Francisco-based blockchain firm has been at the forefront of fighting coronavirus.
A few weeks ago, CEO Brad Garlinghouse revealed that the entire Ripple team was working from home so as to limit the spread of the novel virus that has sickened hundreds of thousands of people globally.
Garlinghouse also noted that the firm will continue to support the fast transfer of value across the world as the coronavirus brings daily life to a grinding halt.
On March 25, Ripple announced that it had donated $100k each to San Francisco-based non-profit Tipping Community and Silicon Valley Community Foundation.
In these challenging times, Ripple is committed to being part of the global response to the COVID-19 pandemic. We’re starting in our own backyard with $100K donations each to @tippingpoint’s COVID emergency response fund and @siliconvalleycf’s COVID Regional Response Fund. (1/2)
— Ripple (@Ripple) March 25, 2020
Notably, other cryptocurrency companies have also joined in on the fight against coronavirus with sizeable donations. For instance, Binance Charity, the charity wing of Binance crypto exchange launched a global campaign dubbed “Crypto Against COVID” through which it donated $1 million.