2021 is shaping up to exist a generous yr for cryptocurrency donations. On Wednesday, Coin Heart, the leading cryptocurrency nonprofit in Washington, D.C., announced that information technology had raised millions in boosted funding from high-contour names in the crypto industry.

Jerry Brito, Coin Center'south executive manager, tweeted that his organization had received enough donations to claim the $1 million in matched contributions from Grayscale Investments, the world'due south largest crypto fund manager.

Less than iii weeks ago, Grayscale announced that it had donated $1 million to the advocacy group and pledged an additional $1 million in matched contributions. A few days later, digital currency exchange Kraken announced that information technology was pledging $100,000 to Money Centre.

Perhaps the most noteworthy news item came in a follow-up tweet when Brito confirmed that Twitter CEO Jack Dorsey donated $1 1000000 to the advancement group. "We were almost to our goal for the matching campaign when he put us over the top and then some," he said.

Dorsey is besides behind Square, whose mobile payments app lets users buy and sell Bitcoin. Square is also ane of the largest corporate holders of BTC, with 4,709 units of the virtual currency on its books. That's equivalent to well-nigh $210 million in today's value.

Money Center'southward advocacy piece of work is increasingly focused on advancing financial privacy and "sensible tax policy," according to Neeraj Agrawal, the organization'due south director of communications.

The crypto community is known for its generousity, peculiarly in the wake of the 2017-eighteen balderdash market place where millions of people around the world made a fortune investing in digital assets. Companies like The Giving Block are making information technology easier for organizations to take digital currency donations.

The Giving Block recently published three chore postings on its website, which reflects the growth of the crypto donations manufacture.