Binance Charity Donates $3M to Spain’s Red Cross to Support Flood Relief Efforts in Valencia

Twitter icon  •  Published 10 hours ago  •  Hassan Maishera

Binance Charity has donated $3 million to Spain’s Red Cross to support relief efforts following the devastating floods in the Valencia province of Spain.

Binance Charity, the philanthropic arm of global blockchain company Binance, announced on Tuesday, November 6th, that it has donated $3M to the Spanish Red Cross (Cruz Roja Española) to support relief efforts in the Valencia region.

In a press release shared with Cryptowisser, Binance Charity said the donation comes following the devastating floods in the Valencia province of Spain.

According to Binance Charity, its donation will be directed towards immediate relief activities by Spain’s Red Cross, providing much-needed assistance and support.

While commenting on this latest development, Javier García de la Torre, Binance's General Manager for Spain, said, 

“Our hearts go out to all those affected by the devastating floods in Valencia. At Binance, we are committed to leveraging our resources to provide critical support during these challenging times. Through our donation to the Spanish Red Cross, we aim to bring relief and assistance to the people who need it most. We stand together with the community in Valencia, committed to helping rebuild and recover.”

Fernando Pérez-Ordoyo, Head of International Partnerships at the Spanish Red Cross, added that, 

“We would like to express our sincerest gratitude to all the companies, such as Binance, that with their invaluable support, are an essential part of the response to the recent floods. Thanks to their generosity and commitment, we can provide immediate assistance to the thousands of affected individuals, supplying vital resources in this very difficult time. Their collaboration not only allows us to reach the most affected areas but also makes a significant difference in the lives of those facing loss and uncertainty.

The solidarity and social responsibility of companies inspire us to continue working together for the well-being of our communities. Thank you to Binance for being a fundamental ally in this mission of aid and hope”.

Binance Charity added that the Spanish Red Cross also has an open fundraising channel through the following donation address for anyone wishing to support operations to help the affected communities.

Binance Charity is a leading philanthropic organization that leverages blockchain technology to provide transparent, efficient, and timely assistance during times of crisis. By harnessing the power of cryptocurrencies and Web3 solutions, Binance Charity aims to bridge the gap between those in need and the resources required to rebuild lives and communities. With a strong commitment to global humanitarian causes, Binance Charity continues to spearhead innovative approaches to drive positive change worldwide.

 

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.