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    Home»Markets»Bitget's $1.54M Reduction Fund for Hong Kong Hearth Victims
    Bitget's .54M Reduction Fund for Hong Kong Hearth Victims
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    Bitget's $1.54M Reduction Fund for Hong Kong Hearth Victims

    By Crypto EditorNovember 29, 2025No Comments4 Mins Read
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    Bitget's $1.54M Reduction Fund for Hong Kong Hearth Victims

    Victoria, Seychelles, Nov. 28, 2025 — Bitget, the world’s largest Common Change (UEX) will donate $1.54 million USD ($12,000,000 HKD) to completely assist households affected by the Wang Fuk Court docket hearth in Tai Po, Hong Kong, and to help neighborhood rebuilding efforts.

    The contribution responds to considered one of Hong Kong’s deadliest residential fires in many years, after a five-alarm blaze swept by a number of towers on the Wang Fuk Court docket property on November 26, claiming not less than 128 lives, injuring greater than 70 folks and forcing over 900 residents into non permanent shelters.

    As a result of incident, authorities have initiated felony and anti-corruption investigations into the renovation works and the security of supplies used on the web site, whereas emergency groups proceed search, rescue, and restoration operations and households work to find lacking kin.

    To make sure that reduction reaches these in want in a structured and accountable approach, Bitget has mandated three of Hong Kong’s most trusted charities to execute the $12,000,000 HKD ($1.54M USD approx.) donation.

    Yan Chai Hospital will obtain $5,000,000 HKD ($640,000 USD) to assist emergency medical providers, therapy for the injured, and rehabilitation for affected households.

    The Salvation Military Hong Kong will obtain $3,500,000 HKD ($450,000 USD approx.) to supply monetary help, non permanent lodging, fundamental requirements, and livelihood assist for households which have misplaced properties and earnings.

    Po Leung Kuk will obtain $3,500,000 HKD ($450,000 USD approx.) to ship psychological counselling, neighborhood outreach, and long-term case follow-up for survivors, bereaved households, and susceptible residents within the surrounding space.

    The reduction fund is structured so that each greenback is deployed in a clear, well timed, and focused method, complementing the Hong Kong authorities’s emergency measures, non permanent housing preparations, and ongoing inspections of residential estates present process repairs.

    By means of medical help, monetary assist, psychological well being providers, and on-the-ground neighborhood work, partnered charities will assist households navigate the speedy aftermath of the catastrophe and the longer highway to restoration.

    Bitget stands with Hong Kong at this troublesome second and extends condolences to all those that misplaced family members within the Wang Fuk Court docket hearth, with the hope that affected residents can rebuild their properties and communities as safely and shortly as doable.

    About Bitget

    Established in 2018, Bitget is the world’s largest Common Change (UEX), serving over 120 million customers with entry to thousands and thousands of crypto tokens, tokenized shares, ETFs, and different real-world property, whereas providing real-time entry to Bitcoin worth, Ethereum worth, XRP worth, and different cryptocurrency costs, all on a single platform.

    The ecosystem is dedicated to serving to customers commerce smarter with its AI-powered buying and selling instruments, interoperability throughout tokens on Bitcoin, Ethereum, Solana, and BNB Chain, and wider entry to real-world property. On the decentralized aspect, Bitget Pockets is an on a regular basis finance app constructed to make crypto easy, safe, and a part of on a regular basis finance.

    Serving over 80 million customers, it bridges blockchain rails with real-world finance, providing an all-in-one platform for on- and off-ramping, buying and selling, incomes, and paying seamlessly.

    Bitget is driving crypto adoption by strategic partnerships, comparable to its position because the Official Crypto Associate of the World’s Prime Soccer League, LALIGA, in EASTERN, SEA and LATAM markets. Aligned with its world influence technique, Bitget has joined palms with UNICEF to assist blockchain training for 1.1 million folks by 2027. On the planet of motorsports, Bitget is the unique cryptocurrency trade associate of MotoGP™, one of many world’s most thrilling championships.

    For extra data, go to: Web site | Twitter | Telegram | LinkedIn | Discord | Bitget Pockets

    For media inquiries, please contact: [email protected]

    Threat Warning: Digital asset costs are topic to fluctuation and should expertise vital volatility. Traders are suggested to solely allocate funds they’ll afford to lose. The worth of any funding could also be impacted, and there’s a risk that monetary aims might not be met, nor the principal funding recovered. Unbiased monetary recommendation ought to at all times be sought, and private monetary expertise and standing fastidiously thought of. Previous efficiency will not be a dependable indicator of future outcomes. Bitget accepts no legal responsibility for any potential losses incurred. Nothing contained herein ought to be construed as monetary recommendation. For additional data, please discuss with our Phrases of Use.



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