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MicroBit Capital announced a donation of $100,000 to support the rescue efforts for the fire in Tai Po, Hong Kong.

On November 27, CoinWorld reported that MicroBit Asset Management Limited announced an emergency donation of $100,000 (approximately HKD 780,000) to the Hong Kong Youth Student Empowerment Fund, fully supporting the disaster-affected community in Tai Po, Hong Kong. MicroBit representative Feng Jingting stated: “The tragedy of the Tai Po fire touches the hearts of every Hong Kong citizen. As a Financial Institution rooted in Hong Kong, we hope this donation will bring timely and substantial help to the community, assist affected families in overcoming difficulties, and pay tribute to the brave firefighters and rescuers on the front lines. We firmly believe that the development of technology and finance should ultimately serve society, and MicroBit will continue to support such charitable actions and fulfill corporate social responsibility.” The Hong Kong Youth Student Empowerment Fund has innovatively opened dual channels of 'bank fiat transfer' and 'virtual asset donation' to connect the power of traditional philanthropists with the Web3 community. All funds raised from this fundraising campaign will be donated to the community residents and frontline personnel affected by the fire.

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