OKX Donates HK$10M to Hong Kong Support Fund After Wang Fuk Court Fire

OKX, a well-known crypto exchange, has recently made a notable contribution to Hong Kong. Specifically, OKX has transferred up to HK$10M to the Support Fund of the Hong Kong Government. As OKX CEO, Star Xu mentioned on his official X account, the crypto platform carried out the payment through the Real Time Gross Settlement (RTGS) on the 28th of November. The move shows the crypto exchange’s commitment to helping the recovery efforts of Hong Kong to deal with the deadliest fire eruption at Wang Fuk Court.

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OKX’s HK$10M for Hong Kong Backs Recovery Efforts after Wang Fuk Court Fire Incident

OKX’s donation of HK$10M is backing the Hong Kong Support Fund amid the fire disaster that has taken place at Wang Fuk Court. In this respect, the centralized crypto exchange processed early HK$10,000,000. The development indicates solidarity with the Hong Kong community at the time of distress. Hence, it could play a critical role in stabilizing the endeavors to prevent further damage.

Crypto Exchange’s Financial Support Urges Tech Companies to Stand with Community

According to Star Xu, the donation of HK$10M for Hong Kong discloses that OKX stands together with the community in the face of huge challenges. The fire that exploded at Wang Fuk Court is claimed to be the most severe in comparison with the previous such incidents seen over the past seventy years. Thus, OKX’s endeavor establishes a standard for the other platforms in the tech world to support the community.