MANILA — Binance Charity, the philanthropic arm of the Binance ecosystem, is launching a relief initiative in collaboration with Binance Philippines by BlockShoals in response to the recent earthquakes that struck major areas of southern Mindanao on June 8, 2026.
The initiative aims to provide up to ₱4 million worth of financial aid and relief goods to support affected families and local communities.
Similar to its 2025 relief efforts following the earthquakes in Northern Cebu and offshore Davao Oriental, Binance Philippines will provide emergency financial assistance through blockchain technology, enabling fast, transparent, and borderless financial aid to its recipients.
In addition, Binance PH by BlockShoals is partnering with the Philippine Red Cross to extend further assistance, including food and other essential supplies. This aims to ensure that affected families and communities receive timely and comprehensive support in the aftermath of the recent tragedy.
Richard Teng, Co-CEO of Binance, said, “Our thoughts are with everyone affected by the devastating earthquakes in Mindanao. In moments like these, what matters most is ensuring that help reaches those in need quickly and effectively. Binance Charity is mobilizing resources to support affected families and communities, leveraging blockchain technology to deliver aid with speed, transparency, and accountability. We stand in solidarity with the people of Mindanao and remain committed to supporting relief and recovery efforts during this difficult time.”
Yi He, Co-CEO of Binance, added, “Behind every disaster are families whose lives have been unexpectedly disrupted, and communities facing the difficult task of rebuilding. While the road ahead may be challenging, we are continually inspired by the resilience and strength that people show in moments like these. We hope this initiative can provide some relief during this difficult time, and we are grateful to the Philippine Red Cross and all those working tirelessly on the ground to support affected communities.”
Through innovation and advancement, Binance Charity continues to advance its mission of leveraging Blockchain Technology for the social good by leveraging its fast, transparent, and borderless technology and collaborating with major humanitarian organizations to create real-world impact. This initiative further reinforces Binance Charity’s ongoing philanthropic efforts across regions, including past relief operations in Thailand, Myanmar, Vietnam, Brazil, Spain, Turkey, and Italy.
