Place/Date: LONDON - March 11th, 2021 at 2:00 pm UTC · 3 min read
Nexo, the leading provider of financial services for digital assets, has made a substantial donation of $150,000 to Brink, a 501(c)(3) nonprofit organisation focused on supporting open source Bitcoin development through funding, education, and mentoring.
Brink administers several programs aimed at providing financial support to developers and researchers working on Bitcoin. Its Brink fellowship program introduces exceptional developers from other fields to the world of Bitcoin development, while the grants program supports existing Bitcoin Core contributors.
Nexo’s donation of $150,000 matches or exceeds previous commitments to Brink by Jack Dorsey’s Square, Gemini, Kraken and the Human Rights Foundation. The funds will be deployed later in the month to support an independent Bitcoin developer through the Grants program.