Key Points
- In the wake of the devastating floods in Valencia, Binance helped communities with a substantial donation.
- Binance Charity’s funds will enable the Spanish Red Cross to mobilize crucial resources.
Binance’s CEO, Richard Teng, announced that the exchange is deeply saddened by the devastating floods in Valencia, Spain.
In the wake of recent events, Binance Charity donated $3 million to the Spanish Red Cross. The funding aims to assist with immediate relief efforts to support communities affected by the natural disaster.
Binance’s funds will enable the Spanish Red Cross to mobilize vital resources for people affected. Strong efforts are being made to help the people of Valencia recover and rebuild, as noted by Binance in the official announcement.
Binance Stands With Valencia
The General Manager for Binance in Spain, Javier Garcia de la Torre, expressed the exchange’s solidarity with the region that has been affected and stated that their hearts go to the communities.
He said that Binance is committed to leveraging its resources to provide important support during challenging times. The recent donation aims to bring relief and assistance to the people who need it most, and Binance stands with the community to help rebuild and recover.
This statement mirrors the exchange’s mission to use its global influence and resources for a positive impact in times of crisis, reinforcing its commitment to users and immediate relief for affected areas.
Spanish Red Cross Sends Gratitude for Binance’s Efforts
Fernando Pérez-Ordoyo, Head of International Partnerships at the Spanish Red Cross, expressed the association’s gratitude to all the companies who are helping, including Binance, highlighting the invaluable support in response to the recent floods.
Thanks to all the help, generosity, and commitment, immediate assistance can be provided to thousands of affected people, supplying resources, he continued.
This solidarity allows the Spanish Red Cross to reach the most affected areas and makes an important difference in the lives of people who face loss and uncertainty, as noted in Binance’s official announcement.
Besides Binance’s donation, the Spanish Red Cross established an open donation channel for anyone who wants to contribute and help people rebuild. The community’s support can make an important difference in the recovery process.
This is not the first time that Binance Charity has stepped in to help people in need. In September, Binance airdropped $1.5 million in BNB to European users affected by the floods in Romania, Poland, and Czechia.
