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Animoca Brands and Crypto Communities Raise HK$2.6 Million for Tai Po Fire Relief

December 4, 2025
in Blockchain
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Animoca Brands Receives $358M Boost, the Gaming Firm Goes on Acquisition Rampage
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Caroline Bishop
Dec 04, 2025 18:57

Animoca Brands and global crypto communities have donated over HK$2.6 million to aid victims of the Tai Po fire in Hong Kong, supporting recovery efforts through the Hong Kong Red Cross.

Animoca Brands Leads Charity Initiative

Animoca Brands, a leader in digital assets and blockchain innovation, has successfully concluded its charity initiative aimed at aiding those affected by the devastating fire in Tai Po, Hong Kong. The initiative, which concluded on December 3, 2025, raised a total of HK$2,602,516.64, as announced by the company. These funds will be directed to the Hong Kong Red Cross Tai Po Fire Emergency Appeal, according to Animoca Brands.

Community and Corporate Contributions

Approximately 33% of the donations, amounting to HK$869,067.7, were contributed by members of global crypto communities. The remaining funds, HK$1,733,448.94, came from Animoca Brands itself, its staff, co-founder and executive chairman Yat Siu, as well as various subsidiaries and partners, including Open Campus, Anichess, The Sandbox, Tower Ecosystem, and the Moca Foundation.

Donation Transparency and Future Actions

For transparency, Animoca Brands disclosed the wallet addresses used to receive crypto donations. These include an EVM-compatible chain address and a Solana chain address. The company has committed to returning any donated tokens that could not be liquidated due to low liquidity or KYC requirements to the originating wallets within five working days.

About Animoca Brands

Animoca Brands Corporation Limited is recognized as a global leader in digital assets, focusing on blockchain and tokenized assets to drive Web3 innovation. The company has been acknowledged in the industry with recognitions such as Fortune Crypto 40, and it has a portfolio of over 600 companies and altcoin assets. Animoca Brands continues to build platforms like the Moca Network and The Sandbox, and offers digital asset services to support Web3 companies.

Image source: Shutterstock


Credit: Source link

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