Ripple announced today that it will join other crypto industry companies in providing funds for earthquake victims in Turkey and Syria. In a tweet, Ripple wrote that it will provide $1 million in XRP to support NGOs.
The company, which is awaiting the judge’s decision in its legal battle with the U.S. Securities and Exchange Commission, will donate $250,000 in XRP, the equivalent of about 654,000 XRP, and will also match all crypto donations 2:1, up to $750,000.
If you’re looking to maximize your impact with the Turkey and Syria earthquake relief efforts, here’s your chance! @Ripple will match any crypto donation 200% with our new cause fund: https://t.co/gm4zjqfIJU https://t.co/qJpLUfYjh9
— Crypto for Charity (@crypto4charity_) February 15, 2023
Ripple Joins Other Crypto Donors
The move by Ripple is part of an effort to encourage members of the crypto community to donate to earthquake relief as well. The announcement comes less than two weeks after the 7.8-magnitude earthquake th
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