Crypto.com Pledges $1 Million to Aid Los Angeles Wildfire Relief Efforts

Crypto.com Pledges $1 Million to Aid Los Angeles Wildfire Relief Efforts

Crypto.com has committed $1 million to support wildfire relief efforts in Los Angeles, aiming to assist firefighters, first responders, and communities affected by the ongoing crisis.

$1 Million Donation for Immediate and Future Needs

The donation will be allocated to the Los Angeles Police Foundation, California Fire Foundation, and Los Angeles Fire Department Foundation. The funds aim to enhance the resources available for emergency response and readiness, ensuring firefighters are well-equipped for current and future wildfire emergencies.

Matt David, Chief Corporate Affairs Officer at Crypto.com, emphasized the company’s connection to Los Angeles:

“We have an intimate connection to the City of Los Angeles through AEG and the Crypto.com Arena, and our hearts are with all those impacted by the tragic wildfires. While there is a long road ahead, we are committed to working with our partners and the community to do whatever we can to support those in need.”

Additional Support Initiatives

Beyond the monetary contribution, Crypto.com has organized several initiatives to further aid relief efforts, including:

• Donation Drives: Hosted during Los Angeles Lakers games at Crypto.com Arena.
• Food Donations: Distribution of meals at the arena to support affected individuals and first responders.
• Supply Mobilization: Establishment of a donation center to collect critical supplies for those in need.

Crypto.com’s Commitment to Community

This pledge reflects Crypto.com’s dedication to making a positive social impact, leveraging its local partnerships and global reach. The company’s proactive response to the wildfires demonstrates the growing role of the crypto industry in supporting humanitarian causes.