The cryptocurrency sector has mounted an unprecedented humanitarian response to the devastating fireplace in Hong Kong’s Tai Po district that has claimed at the very least 65 lives, with lots of of individuals nonetheless lacking as of November 27.
The blaze, which erupted at Wang Fuk Court docket shortly, is now thought of town’s deadliest fireplace in many years.
The dimensions of destruction has left town shaken, and help has been pouring in from throughout the neighborhood, together with main crypto firms with sturdy ties to Hong Kong.
Crypto Trade Steps In With Hundreds of thousands in Support
A number of main digital asset companies have introduced donations to help emergency reduction and long-term rebuilding efforts for the Tai Po neighborhood.
Bitget
Main the reduction effort is Bitget, which dedicated HK$12 million; the one largest disclosed donation from the sector.
Bitget 将捐赠 HK$12,000,000 全力支援香港大埔宏福苑火灾受灾家庭及社区重建。捐款现已委托三家最具公信力的香港慈善机构执行:
– 香港仁济医院 HK$5,000,000 支援紧急医疗、伤者治疗及受影响家庭康复
– 香港救世军 HK$3,500,000 提供经济援助、临时安置、生活物资及生活重建
– 香港保良局… pic.twitter.com/GvWuqadta2
— Bitget中文 (@Bitget_zh) November 28, 2025
Funds have been entrusted to a few main Hong Kong charitable organisations to make sure transparency and correct distribution:
- Yan Chai Hospital will obtain HK$5 million for emergency medical care and rehabilitation
- The Salvation Military Hong Kong will obtain HK$3.5 million for short-term housing, provides and household help
- Po Leung Kuk will obtain HK$3.5 million for counselling and long-term neighborhood companies.
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Binance
Binance pledged HK$10 million, saying its objective is to supply sensible help to residents of Wang Fuk Court docket as they start rebuilding their houses.
💛心繫香港:幣安將向香港捐款1000萬港幣支持救援重建
為切實協助救災及後續重建工作,幣安將通過相關渠道向災區進行捐贈,支持宏福苑居民重建家園,略盡綿薄之力。
我們向所有大埔受災民眾致以深切慰問,祈願逝者安息,生者堅強🙏 pic.twitter.com/A4rThj5kgZ
— 币安Binance华语 (@binancezh) November 27, 2025
The corporate shared a message on social media titled ‘Hearts Linked to Hong Kong’, providing condolences to the victims and energy to the survivors.
HashKey Group
HashKey, which relies in Hong Kong, additionally dedicated HK$10 million.The corporate stated its coronary heart is with each resident affected and that it’s going to proceed to face with town that varieties the core of its neighborhood.
Avenir Group
Avenir joined Binance and HashKey with one other HK$10 million pledge for reduction and reconstruction efforts.
KuCoin
KuCoin introduced a HK$2 million contribution, saying it stands along with Hong Kong throughout this troublesome second. The trade added that its help goals to assist residents recuperate and restore regular life.
Moreover, BiFinance has pledged $1 million HKD and OSL’s administration staff and shareholders have donated $3 million HKD. RD Applied sciences can also be contributing $1 million HKD to help instant help.
Aid Efforts Proceed
With lots of nonetheless unaccounted for, Hong Kong’s emergency companies are working around the clock to find survivors. Aid organisations are supplying meals, blankets and medical help to displaced residents.
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