Ripple Highlights XRP Donation as GOSH Adopts Crypto for Expansion

CN
3 hours ago

Cryptocurrency is increasingly being used to support charitable causes worldwide. Blockchain payments company Ripple on Feb. 17 highlighted its support for Great Ormond Street Hospital (GOSH) Charity, including its role in enabling cryptocurrency donations and backing the hospital’s pediatric care initiatives.

The update marks Ripple’s formal explanation of how the partnership enabled GOSH Charity to begin accepting cryptocurrency as part of its fundraising operations. The announcement states:

“Ripple became the first organization to make a cryptocurrency donation to GOSH charity last year, contributing more than £60,000 in XRP.”

While that donation occurred previously, Ripple is now detailing how the collaboration with Zodia Markets helped the charity navigate technical, regulatory, and operational requirements tied to digital asset contributions. Through the Zodia Markets platform, cryptocurrency donations are converted into pound sterling, allowing the nonprofit to integrate blockchain-based gifts into its existing financial systems.

The relationship began in 2023 with a £100,000 pledge toward the new Children’s Cancer Centre and expanded through sponsorship of the ‘Love GOSH’ gala in 2024 and 2025, helping raise nearly £2 million. Employees also completed the London Marathon, cycled from London to Paris, and volunteered at events including the Formula 1 British Grand Prix, generating more than £25,000 in additional funds.

The development reflects broader momentum in crypto philanthropy as more charities explore digital asset fundraising. According to The Giving Block’s 2025 Crypto Philanthropy Report, cryptocurrency donations surpassed $1 billion in 2024, while 70% of Forbes’ Top 100 Charities now accept digital assets, representing a 25% increase from the prior year. The average crypto donation rose to $10,978.28. By outlining its work with GOSH Charity now, Ripple positions the initiative within a growing global trend that emphasizes cross-border accessibility, blockchain transparency, and operational efficiency in supporting medical equipment, research, facilities, and family services for seriously ill children.

  • How is Ripple supporting Great Ormond Street Hospital Charity?
    Ripple has pledged funds, donated more than £60,000 in XRP and sponsored major fundraising events to advance pediatric care.
  • How much did crypto donations reach in 2024?
    Cryptocurrency donations surpassed $1 billion in 2024, according to The Giving Block’s 2025 Crypto Philanthropy Report.
  • What is the minimum crypto donation accepted by GOSH Charity?
    Donations above £10,000 in cryptocurrency are accepted to fund medical equipment, research, and family services.
  • How are digital asset donations converted for GOSH Charity?
    The collaboration with Zodia Markets enables cryptocurrency contributions to be converted into pound sterling.

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