Jack Dorsey’s relief fund pledges $5M donation to Bitcoin-focused nonprofit By Cointelegraph

[ad_1]


© Reuters.

Brink, a nonprofit organization aimed at supporting developers, has announced a $5 million donation from Block CEO Jack Dorsey and his Start Small funding group.

In a June 14 tweet, Brink said Dorsey and Start Small pledged to make $1 million in donations annually for the next five years as part of “developer funding efforts.” Prior to his departure as CEO of Twitter, Dorsey launched the fund in April 2020 in an effort to fight the COVID-19 pandemic. At the time, the Twitter CEO said he had seeded the fund with $1 billion.