Bybit, one of the world’s largest cryptocurrency exchanges, is responding to the devastating floods in Spain. The floods have caused widespread destruction in several regions, including Valencia. Over 200 people have lost their lives, and thousands have been displaced. The damage to homes and infrastructure is huge and the economic cost is likely to run into the billions of euros.
Bybit Supports Spain Flood Relief with Admundi Partnership
Keeping this in mind, Bybit has partnered with Admundi, a non-profit organization dedicated to supporting underprivileged children. The company is now focused on helping the flood victims. The monetary support from Bybit will be directed to offering the necessary support to families that have been impacted. This support will help those who lost their homes and their belongings by helping start a long journey of rebuilding.
According to the Bybit’s Chief Operating Officer, Helen Liu, the company feels the pain of those who have been impacted by the floods and extend our heartfelt condolences. The level of destruction is really sad, she said. Liu said that Bybit is with the people of Spain during this time. The partnership with Admundi is to provide both the immediate assistance and sustainable support for restoration.
Bybit Pledges Continued Assistance for Flood Victims in Spain
Bybit said that it will closely watch the situation and is prepared to offer further assistance if required. They will heavily depend on the assistance of company to bring back families and communities from this disaster.
Finally, Bybit continues its work on social initiatives, one of which is cooperation with Admundi. The company reaffirms its mission on assisting during disaster since the company continues to endeavor to assist in the recovery of Spain. When the Spanish population begins to recover, Bybit will be a great help to the people of Spain.