FTX exchange launches $1 billion charity fund
It is a step towards expanding the crypto exchange beyond the world of digital assets into other real-world industries
01.03.2022 - 11:40
719
1 min
0
What’s new? The FTX cryptocurrency exchange has announced the creation of a $1 billion “Future Fund” that will invest in charitable causes. The company is looking for projects that can safely advance AI, minimize the risk of biochemical disaster and end global poverty.
Announcement of the fund’s creation
What are the terms? Both non-profit and for-profit projects will be considered, as long as they are in line with FTX’s aims. Those wishing have until March 21 to apply for the first round of funding.
“Tech startups start small and then rapidly scale. We’d like to see that in philanthropy, too,” FTX says.
Useful material?
Telegram 
Twitter Crypto regulations
GENIUS aims to regulate dollar-pegged payment stablecoins
Jun 18, 2025
Crypto regulations
Under the new law, no cryptocurrency reserve can be created at the state level
Jun 11, 2025
Mining
This is the 300th block mined within this pool
Jun 5, 2025
Incidents
The marketplace started operating in 2022 and allowed trading in stolen personal data
Jun 5, 2025
Incidents
Hackers laundered assets using Tornado Cash, Thorchain, and Wasabi mixers
Jun 2, 2025
Market
After June 30, fines and prison sentences will be imposed for violating the rules
Jun 2, 2025
Cryptocurrency rates
-
Bitcoin
$104 458
BTC
+0%
-
Ethereum
$2 509.38
ETH
+0.34%
-
Ripple
$2.17
XRP
+0.86%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.170097
DOGE
+1.18%
-
Cardano
$0.59877
ADA
+0.37%
-
Bitcoin Cash
$493.24
BCH
+6.78%
-
Stellar XLM
$0.249561
XLM
-0.05%
-
Litecoin
$85.04
LTC
+0.27%
-
Polkadot
$3.56
DOT
-1.7%