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The Giving Block launches crypto donation service for high-net worth individuals -Breaking

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The Giving Block is an online platform that allows charities and nonprofits to receive digital assets donations. They have launched a service for large-scale crypto donors.

The Giving Block was announced on Wednesday. The company partnered up with Taxbit (a New York-based crypto tax startup) and Ren in order to create a service that is aimed at advisors and individuals who want to minimize their tax exposure for crypto donations. Giving Block co-founder Pat Duffy said the Private Client Services streamlines its existing donation process allowing “high-value donors to quickly and securely give large gifts to their favorite charities while reducing their tax bill.”