Hong Kong Fire: Crypto Fundraiser Raises $3 Million

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Hong Kong Fire Sparks $3M Crypto Fundraiser: Exchanges Race to Aid Victims

Written by Aaron S.,

Editor-In-Chief

Last Updated: November 28, 2025

Key Takeaways

Crypto firms rallied for relief: MEXC, Bitget, OKX, and HashKey donated millions to aid victims of the Tai Po apartment fire;
Bitget led the charge with HK$20 million and aimed to rebuild facilities and support families hit hardest by the Hong Kong blaze;
Donations will fund emergency aid, medical costs, and recovery plans for residents impacted by the Wang Fuk Court fire.

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Hong Kong Fire Sparks $3M Crypto Fundraiser: Exchanges Race to Aid Victims

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Several major cryptocurrency companies have donated funds in response to a blaze at the Wang Fuk Court apartment block in Tai Po, Hong Kong, on November 27.

Among the contributors, the MEXC $2.47B Foundation announced a commitment of HK$5 million, roughly $640,000.

The exchange shared plans to coordinate with charitable groups and authorities to confirm that support reaches those affected. According to official statements, the MEXC initiative aims to deliver prompt assistance to individuals whose lives were disrupted by the fire.

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Additionally, Bitget $1.14B , stated it would deliver HK$20 million, approximately $2.56 million, to support ongoing community relief projects in Hong Kong.

The company explained that its donation reflects its efforts to provide direct aid to families in need and to help rebuild essential facilities in the area. Company representatives noted that such situations call for immediate, targeted action by the private sector.

OKX confirmed the contribution of HK$1 million (approximately $128,000), and HashKey $68.2M provided HK$250,000 (roughly $32,000) to the cause. Each organization coordinated with local authorities and charities to distribute relief as quickly as possible.

The funds will be used to support families impacted, cover emergency medical costs, and assist with recovery plans in Tai Po.

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