
Global exchanges and Web3 companies mobilise major relief donations following the deadly Wang Fuk Court blaze
Cryptocurrency companies have mobilised more than HK$130 million, equivalent to over sixteen million dollars, to support families affected by the catastrophic fire at Hong Kong’s Wang Fuk Court estate in Tai Po. The blaze, one of the city’s deadliest residential disasters in decades, destroyed homes, displaced hundreds of residents and prompted a large-scale humanitarian response.
Leading exchanges were among the first to commit funds, with Binance allocating a significant relief package and Bitget pledging an even larger contribution directed through local charities.
Other major players, including HashKey Group, OKX, KuCoin and Animoca Brands, joined the effort with direct financial support and dedicated channels enabling global crypto donors to participate.
The donations are designated for emergency treatment, temporary housing, relocation assistance, counselling services and the rebuilding of damaged homes.
Several companies have also provided operational support on the ground, helping distribute supplies and coordinate community relief.
The swift, cross-border response underscores the crypto sector’s growing role in humanitarian work, with firms leveraging digital infrastructure and global reach to deploy aid rapidly.
As recovery efforts continue under official oversight, the industry’s contributions offer vital support for displaced families and signal a long-term commitment to assisting the Tai Po community.
Leading exchanges were among the first to commit funds, with Binance allocating a significant relief package and Bitget pledging an even larger contribution directed through local charities.
Other major players, including HashKey Group, OKX, KuCoin and Animoca Brands, joined the effort with direct financial support and dedicated channels enabling global crypto donors to participate.
The donations are designated for emergency treatment, temporary housing, relocation assistance, counselling services and the rebuilding of damaged homes.
Several companies have also provided operational support on the ground, helping distribute supplies and coordinate community relief.
The swift, cross-border response underscores the crypto sector’s growing role in humanitarian work, with firms leveraging digital infrastructure and global reach to deploy aid rapidly.
As recovery efforts continue under official oversight, the industry’s contributions offer vital support for displaced families and signal a long-term commitment to assisting the Tai Po community.






































