The partnership connects The Giving Block, one of the biggest platforms for crypto-friendly nonprofits, with the Munch protocol’s automated donations tool.

Munch, an up-and-coming decentralized finance (DeFi) project that lets investors give back a portion of their earnings to charitable causes, has officially partnered with The Giving Block — a move that could provide a significant boost to the rapidly growing crypto donations industry.

The new agreement connects The Giving Block’s growing community of crypto-ready nonprofits with the Munch network, which allows users to easily donate to causes they care about. The partnership will also enable new nonprofits to accept Munch donations directly and t create a profile on The Giving Block’s fundraising platform.

As Cointelegraph reported in early May,” data-amp=””>Munch raised over $1 million for developing countries represented by the GiveWell Maximum Impact Fund, which is dedicated to combating malaria and other diseases in Africa. According to”>Alex Wilson, co-founder of The Giving Block, Munch has now raised nearly $3 million in under two months. “Not only will this support amazing causes and deliver major impact, but it will continue to expose a new audience to cryptocurrency,” he said.

Rodrigo Silva, CEO of Munch, also commented on the new partnership:

“This partnership gives us the reach to offer our community more causes they care about. With our future development, this is set to do a tremendous amount of good for a lot of people.”

Related:” data-amp=””>Clean-water nonprofit launches celebrity-funded Bitcoin Water Trust.

Crypto-focused charities continue to grow in popularity, as evidenced by the” data-amp=””>over $2 million in funding for Endaoment, a new charitable organization that aims to eventually function as a decentralized autonomous organization (DAO).

As for The Giving Block, the organization has ramped up efforts in the crypto donations industry, helping nonprofits like the” data-amp=””>American Cancer Society and others to begin accepting contributions in Bitcoin (”>BTC), Ether (”>ETH) and other digital assets. Back in April, The Giving Block” data-amp=””>launched the Crypto Giving Pledge to encourage more cryptocurrency investors to donate to charities.