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Binance Donates $100,000 to Italian Red Cross for Flood Relief


Main Takeaways

  • Binance has donated $100,000 USD to aid the Croce Rossa Italiana's relief efforts in response to the recent flood disaster in Emilia-Romagna.

  • This donation underlines Binance's commitment to providing essential support in times of crisis and stepping up to assist affected communities in their time of need.

  • Binance Charity, our nonprofit foundation, is also working on additional local projects in Italy, including a forthcoming healthcare initiative.

Binance has donated $100K to Croce Rossa Italiana (Italian Red Cross) to aid in flood relief efforts in Emilia-Romagna, Italy.

In response to the devastation caused by the recent floods in Italy, Binance has stepped forward with a $100,000 donation to provide support for the affected communities in Emilia-Romagna. The donation was made in the wake of severe flooding that has impacted thousands of lives and caused extensive damage across the region.

The funds have been donated to the Italian Red Cross (Croce Rossa Italiana), a key organization involved in rescue and evacuation efforts from the very first hours of the emergency. The funds will be used to provide immediate relief, medical support, and essential supplies to the affected individuals and families.

“Our volunteers are on the ground. They have been operating tirelessly since the beginning of the emergency in Emilia Romagna. Knowing that we have so many supporters allows us to always do better and better. Thanks, Binance, for your support!” — Rosario Valastro, President of the Italian Red Cross

Supporting Humanitarian Efforts

This donation is the latest in a series of philanthropic initiatives undertaken by Binance, underlining the company’s commitment to aid communities in times of crisis. Binance's General Manager in Italy, Gianluigi Guida, also encourages the wider Binance community to contribute to the fundraising effort launched by the Italian Red Cross.

"We stand with the people of Emilia-Romagna affected by the recent floods. At Binance Italy, we are committed to supporting communities in times of need and, thanks to Binance Charity, we are able to cooperate promptly with those directly involved in relief and aid operations, such as the Italian Red Cross. We would also like to invite our users to support the fundraiser that the association has launched." – Gianluigi Guida, General Manager of Binance Italy

Binance Charity, the company's philanthropic arm, continues to work on other local projects in Italy as well. A notable initiative related to healthcare is in the pipeline and is expected to be unveiled in the coming months.

Championing Global Causes

We express our deep sympathy for those affected by the floods and recognize the importance of unity and support during such times.

"Our hearts go out to all impacted by the recent disasters. Through this donation, we aim to provide crucial assistance to the Croce Rossa Italiana in their ongoing relief efforts, helping to rebuild lives and restore hope in the affected communities,” said Helen Hai, Head of Binance Charity.

About Binance Charity

Binance Charity is an innovative philanthropic organization that leverages blockchain technology to provide transparent, efficient, and immediate 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 driving positive change worldwide.

The Croce Rossa Italiana has also launched a fundraising campaign for anyone wishing to support the affected communities.

Further Reading