The cryptocurrency sector has mounted an unprecedented humanitarian response to the devastating fire in Hong Kong’s Tai Po district that has claimed at least 65 lives, with hundreds of people still missing as of November 27.
The blaze, which erupted at Wang Fuk Court shortly, is now considered the city’s deadliest fire in decades.
The scale of destruction has left the city shaken, and support has been pouring in from across the community, including major crypto companies with strong ties to Hong Kong.
Crypto Industry Steps In With Millions in Aid
Several leading digital asset firms have announced donations to support emergency relief and long-term rebuilding efforts for the Tai Po community.
Bitget
Leading the relief effort is Bitget, which committed HK$12 million; the single 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 three major Hong Kong charitable organisations to ensure transparency and proper distribution:
- Yan Chai Hospital will receive HK$5 million for emergency medical care and rehabilitation
- The Salvation Army Hong Kong will receive HK$3.5 million for temporary housing, supplies and family support
- Po Leung Kuk will receive HK$3.5 million for counselling and long-term community services.
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Binance
Binance pledged HK$10 million, saying its goal is to provide practical support to residents of Wang Fuk Court as they begin rebuilding their homes.
💛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 company shared a message on social media titled ‘Hearts Connected to Hong Kong’, offering condolences to the victims and strength to the survivors.
HashKey Group
HashKey, which is based in Hong Kong, also committed HK$10 million.The company said its heart is with every resident affected and that it will continue to stand with the city that forms the core of its community.
Avenir Group
Avenir joined Binance and HashKey with another HK$10 million pledge for relief and reconstruction efforts.
KuCoin
KuCoin announced a HK$2 million contribution, saying it stands together with Hong Kong during this difficult moment. The exchange added that its support aims to help residents recover and restore normal life.
Furthermore, BiFinance has pledged $1 million HKD and OSL’s management team and shareholders have donated $3 million HKD. RD Technologies is also contributing $1 million HKD to support immediate aid.
Relief Efforts Continue
With hundreds still unaccounted for, Hong Kong’s emergency services are working round the clock to locate survivors. Relief organisations are supplying food, blankets and medical assistance to displaced residents.
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