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- Relay, a Swiss-based only bitcoin exchange, donates up to 50% of its revenue to the humanitarian aid organization UNICEF on eligible transactions.
- Humanitarian efforts will focus on improving women’s participation in the tech industry at a young age for communities affected by poverty and conflict, as well as Ukrainian support.
- “Bitcoin is an incredibly useful tool for mobilizing large-scale humanitarian aid,” Relai CEO Julian Liniger said in a statement.
Relay, a bitcoin exchange solely focused on providing savings and investment opportunities accessible to a new generation of investors in Europe, launches a donation initiative to the projects of the humanitarian organization UNICEF in Switzerland and Liechtenstein , according to a statement sent to bitcoin magazine.
“At Relai, we are extremely passionate about the future of technology and the generations of women who will work in it,” said Julian Liniger, CEO and Founder of Relai, in the statement.
A percentage of revenue brought to Relai through bitcoin transactions will be donated to communities affected by poverty and conflict by building new schools, providing additional teaching facilities to educators in the area, and allocating free meals in the areas so that young girls can deepen their knowledge. their education. The intention is to improve the representation of women in the male-led tech industry.
“That’s why we support women’s education from its earliest stages, giving women the tools to pursue the careers they choose and break into male-dominated spaces – whether in STEM, fintech or the bitcoin industry in particular.” Liniger explains in more detail in the release.
Although Relai is a Bitcoin-only company, it is expanding its reach beyond Bitcoin-only issues as it strives to improve women’s participation across the tech industry as a whole. Likewise, its humanitarian efforts in collaboration with UNICEF also go beyond a single objective.
“We are also extremely aware that there are many other injustices in the world at the moment, which is why we have committed to working with UNICEF on several projects globally, including the humanitarian crisis in Ukraine,” Liniger said.
Bitcoin has become increasingly popular in humanitarian circles around the world with events like the invasion of Ukraine showing the need for the public to have access to some form of sovereign currency.
“Bitcoin is an incredibly useful tool for mobilizing large-scale humanitarian aid, and we hope that by using it as a fast and secure channel for funds, we can play even a small part in harnessing its power. single for good.” Lineger said.
UNICEF CEO Bettina Junker also commented on the upcoming partnership, saying, “We are truly grateful that Relai has chosen to support UNICEF to advance the education and empowerment of disadvantaged girls, as well as only to protect children and families in Ukraine. Donations will make a significant difference.
The donation is made through a simple referral code where the referred person gets a 0.5% reduction in transaction fees and the referrer receives up to 50% revenue share for each transaction using the referral code. Relay then donates up to 50% of its revenue from each opt-in referral transaction to UNICEF programs.
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