The Giving Block, RenPSG enable cryptocurrency donations

The Giving Block, a cryptocurrency giving platform, has partnered with RenPSG, a charitable giving platform provider to allow donors to move cryptocurrency into donor-advised funds. These funds appreciate in value and pay out over several years to help maximize the giving amount, according to a press release.

The Giving Block’s technology can accept more than 45 types of cryptocurrency including bitcoin, Ethereum and Dogecoin.

“As the number of cryptocurrency users has grown, so has the number of crypto donations. As a response to this changing market, we needed to provide an easy and convenient way to facilitate crypto donations and are excited to partner with The Giving Block to offer this solution to our clients,” Kelly Palmer, EVP of strategic growth operations for RenPSG, said in the release. “We expect many of our clients to take advantage of this solution to diversify the types of assets they accept into their donor-advised fund offering and create interest to a whole new pool of donors.”