Overview
- Developed with digital-asset firm Fortris, the fund can hold Bitcoin and other crypto for up to four years before conversion.
- The initiative will pilot delivery tools such as stablecoin transfers, digital wallets, and voucher-style payouts to move cash faster in crises.
- Fortris will manage custody and technical operations for the new vehicle, according to the organizations’ announcement.
- Key details remain unspecified, including governance over conversion decisions and how the charity will manage extreme price volatility.
- Save the Children builds on a decade of crypto fundraising, including its Hodl Hope campaign, as crypto philanthropy topped $1 billion in 2024 per The Giving Block.