Crypto.com pledges $1 million for Los Angeles wildfire relief, supporting first responders with essential equipment and gear for safety.
Crypto.com has pledged to donate $1 million to help support wildfire relief efforts in Los Angeles. The money will be donated to the Los Angeles Fire Department Foundation, California Fire Foundation, and the Los Angeles Police Foundation. The goal of this effort is to aid firefighters and first responders in Los Angeles to arm them with essentials gear and equipment to face the current wildfires and future disaster.
Los Angeles wildfire relief efforts are receiving support from Crypto.com to the tune of $1 million. These donations will aid the Los Angeles Fire Department Foundation, California Fire Foundation, and the Los Angeles Police Foundation. The goal is to give essential equipment for the first responders that are currently tackling the wildfire crisis.
Crypto.com is in strong ties to Los Angeles, according to Matt David, the company’s head of North America. The connection, he said, was through their partnership with AEG and Crypto.com Arena. Los Angeles is also a place close to his heart, where he has lived for almost a decade, David said.
Crypto.com, Ripple, and Moonpay Show Growing Support for Los Angeles Wildfire Relief Efforts
The donation is one of many efforts by Crypto.com to help local communities in times of crisis. The money will assist in making certain that first responders are safe and prepared to deal with the wildfires. David stressed the need for partners and the community to partner and support those that are in need.
Other crypto companies, such as Ripple and Moonpay have made contributions to the cause of wildfire relief. They also donated $50,000 to the Los Angeles Fire Department Foundation to help with the firefighting effort. Cryptoc companies have increasingly been making emergency response donations.
Crypto.com’s $1 million pledge shows cryptocurrency companies’ growing role in real world relief efforts. These donations are crucial in light of ongoing community impact of wildfires. Crypto industry companies such as Crypto.com, Ripple, and Moonpay demonstrate the power of crypto to solve some of the world’s biggest problems.
These organizations are important as the crisis evolves and firefighters and emergency teams needs their support. Since these companies are equipping them with the tools they need to fight the wildfires, they are also ensuring a more efficient response to the wildfires. Crypto.com’s donation is one of the ways businesses can positively affect during crises.