With the rapid digital transformations globally, the platform The Giving Block has emerged as one of the key tools enabling nonprofit organizations to keep pace with the era of new financing through cryptocurrencies and digital assets. Established in 2018 in the United States, the platform has now become part of the global company Shift4 and a main destination for what is known as "digital philanthropy" or Crypto Philanthropy.

What does the platform offer?

The Giving Block provides a comprehensive package of tools and services for charities and nonprofit organizations, most notably:

  • Establishing a cryptocurrency donation gateway that supports over 70 digital currencies such as Bitcoin and Ethereum.
  • The ability to convert digital currencies to cash and deposit them securely into the charity’s account.
  • Advanced reports and dashboards for managing donations and tracking financial performance.
  • Special services for major donors and institutions through what is known as Private Donor Services.
  • Recent expansion in accepting stock donations, increasing the diversity of funding sources.

The numbers speak

According to its annual report for 2025:

  • Donations through the platform alone exceeded $1 billion in 2024, a record in the history of digital donations.
  • The average cryptocurrency donation reached over $10,900, equivalent to 30 to 50 times higher than the average cash donation online.
  • Over 1,300 nonprofit organizations around the world - including universities, hospitals, and development institutions - utilize the platform to enhance their resources.
  • Its services are spread across more than 50 countries, making it a significant global network in the charitable financing landscape.

Where do these donations go?

Data from 2024 shows that the most benefited sectors were:

  • Education at 16% of total donations.
  • Health and medicine at 13.4%.
  • Then issues related to children and youth, animal care, and empowering women and girls.

The importance of the experience for the nonprofit sector in Saudi Arabia

With the ambitious transformations led by Saudi Vision 2030 towards digital transformation and enhancing financial sustainability, the experience of The Giving Block opens an important horizon for Saudi charities. It reflects how financial technology (FinTech) can become a bridge to reach new donors from different parts of the world, especially from the digital generation associated with cryptocurrencies.