Some nonprofits say cryptocurrencies are becoming a bigger source of revenue
Dec. 14, 2021
NewsChannel 5
United Way Worldwide has seen a 350% increase in crypto donations in the last 12 months compared to the year before.
And it's not limited to United Way. A Giving Tuesday event focused on crypto giving for 1,000 nonprofits raised millions of dollars in a single day.
"We're seeing that we're we are actually tapping into a new demographic and a new generation, and it's just great to be early and be able to provide them with the opportunity to make an impact," said Edwin Goutier, the VP of Innovation at United Way Worldwide.