Cryptocurrency News

Engiven, Inc. Launches Engiven.org to Enable Crypto Donations for More Than 1.6 Million Nonprofits

Engiven, Inc. Launches Engiven.org to Enable Crypto Donations for More Than 1.6 Million Nonprofits

Engiven, Inc., a leader in cryptocurrency donation management technologies, is proud to announce the launch of Engiven.org, a foundation that will now enable cryptocurrency donors to support more than 1.6 million nonprofits in the U.S by giving any of 94 different cryptocurrencies.

Latest Fintech News: Devon Energy Corporation Joins Oil and Gas Industry Consortium Blockchain for Energy

“For more than four years, Engiven has been laser-focused on providing the most advanced and secure crypto donation technologies for nonprofits,” said James Lawrence, Co-founder and CEO of Engiven. “Now, with the launch of Engiven.org, we are thrilled to provide an elegant process for donors to quickly choose their favorite charities to support and safely donate any amount of crypto.”

For crypto donors, Engiven.org immediately provides an IRS-compliant donation receipt and the required tax documents, including a free crypto appraisal when required. There’s no faster or safer way to donate crypto to a nonprofit. Furthermore, Engiven.org is SOC 2 Type 1 compliant, which means it adheres to the highest level of data and user security.

Latest Fintech News: C2FO and Vic.ai Partner to Bring AI to Early Payment Processing

The Engiven Foundation is a 501c3 fiscal sponsor which receives the crypto donations, exchanges them for USD and grants the funds directly to the nonprofit chosen by the donor. The process is highly automated, helps nonprofits eliminate the need for crypto wallets, and removes the need for charities to go through a lengthy verification process typically associated with establishing a crypto exchange account.

Engiven has successfully processed many major crypto gifts, including a Bitcoin donation worth $10 million dollars. Now Engiven is applying its expertise to allow crypto donors to give to virtually any nonprofit in the US.

Latest Fintech News: Cashfree Payments Partners with PharmEasy to Facilitate Convenient Payment Settlements to its Retail Partners

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

SRAX to Present at the 2021 Ladenburg Virtual Tech Expo on November 18th, 2021

Fintech News Desk

Credibly Partners with Green Dot to Power Small Businesses with Accessible Banking Solutions

Business Wire

Forte and SeamlessDocs Form Strategic Partnership to Streamline Payments for Government Agencies

Fintech News Desk
1